Gold - Asc Tri and Fibs working together to give exact targets
Bullish Gold.
It was very obvious that Gold was going up to the Fib and Asc Triangle targets earlier this year.
It was not beyond the wit of man to see this move and trade it.
Now that you can see Asc tringles happen all the time and that projecting fibs from the prior move top to bottom can be used for Gold to set price targets.
Gold is still in a strong uptrend after consolidation and push back off this KLOS expect to Gold to move back up to resume trend. Fibs can be used to project the next long term price targets
It was very obvious that Gold was going up to the Fib and Asc Triangle targets earlier this year.
It was not beyond the wit of man to see this move and trade it.
Now that you can see Asc tringles happen all the time and that projecting fibs from the prior move top to bottom can be used for Gold to set price targets.
Gold is still in a strong uptrend after consolidation and push back off this KLOS expect to Gold to move back up to resume trend. Fibs can be used to project the next long term price targets
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.