Golddollar
1230 IN SIGHT FOR GOLD NEXT WEEKGold continues to maintain bullish market structure, we will most likely see it reach 1230 next week.
Gold - Elliott WavesHi everyone!
This is what I think of Gold. Looks like we are waiting for a 5 impulse wave to complete. Although it might break the mid signal line and I still hope that it will reach the desired level at 1172.
Not an advise, use for education purposes only.
Check this chart to see the previous resistance at the targetted level
Gold Outlook - $5000/Ounce Year 2024To learn more about Slingshot Moves visit: www.armstrongeconomics.com
Gold Closing in on Historic Resistance at 1400.00Gold is on a 7 week bullish run and is fast approaching a historic weekly resistance at price action above 1380.00 - 1400.00. Sell opportunities are at the blue line (1390.77) and the price area 1385.00-1400.00 with take profits and buying opportunities for future re-tests at 1340.00.
Short term expect price to test and fail at this level however the decline will be short lived as global risk factors will no doubt drive gold onwards past 1400.00 eventually.
