As mentioned and anticipated in the last post on gold, it broke out of the falling channel and beautifully
Long term( i.e on a daily tf ) target of gold $2380-2410 is bare minimum for any meaningful pullback to happen.
Does this mean it is going to go in the trajectory of starship to reach that target? Hell NO. Hence, Every Dip is a buy.
Short term...
Gold is on the verge of breaking out of its falling channel. once broke out, it could test it's highs and further.
The fall beneath the previous swing low would open chances for it to kiss the bottom line of the channel.
hold on to gold before it's gone.
