The rounded bottom gives us a long-term target ( 9 Years) pricing GLD ETF at ~260 approx.
Fundamentals on Gold are solid, and inflation rate trending up in various countries (G30),
would take gold to accomplish levels shown here.
The shorter time projection for April 2021 should meet ~220 USD/share.
At the moment key resistance level has been tested (~180 USD), so we are still on the run...
Accumulation!
Looking forward to June 2021.
Fundamentals on Gold are solid, and inflation rate trending up in various countries (G30),
would take gold to accomplish levels shown here.
The shorter time projection for April 2021 should meet ~220 USD/share.
At the moment key resistance level has been tested (~180 USD), so we are still on the run...
Accumulation!
Looking forward to June 2021.