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GOLD Outlook
CFDs on Gold (US$ / OZ)
GOLD Outlook
By ILuminosity
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Updated
Dec 7
0
Apr 12, 2022
2.618 fib Cup
3.618 fib Handle
Wolfpack Green wave
RSI: Room for overbought + future div
2023 Recession = Safety in Metals
Measured Cup & Handle
Target 1: $2700
- confluent with 2.618 handle fib!
Target 2: $3000
Max extension
May 18
Note
On Track!
Dec 7
Trade closed: target reached
Log Top Achieved & extension in progress as part of the melt-up rally! Time frames are discounted due to lengthening cycles!
Fundamental Analysis
GLD
Gold
goldusd
Technical Indicators
Trend Analysis
usdgold
XAU
ILuminosity
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