Gold is almost done with Eliot wave 2. It can still go little bit lower, look at Fibonacci 0.5 level.
Next move (wave 3) will be a spike to 2500 dollar, everyday up with 3-5% (i think this year).
You can also see a clean cup and handle pattern, handle is almost made. Cup and handle target +-3000 dollar (wave 5).
RSI is low, i hope we can start moving this week!
Next move (wave 3) will be a spike to 2500 dollar, everyday up with 3-5% (i think this year).
You can also see a clean cup and handle pattern, handle is almost made. Cup and handle target +-3000 dollar (wave 5).
RSI is low, i hope we can start moving this week!