Gold will soon break out ....
Updated
GC1! Gold made ABCDE contraction in Spring and started to the upside in June after finishing Wave E ...
Wave 1 and 2 should be finished now after doing an abc and we will come into the strongest part of Wave 5: 3 of 3 has started .........!
We are seeing now a contracting Triangle and we had 3 Hammers in past 5 days - Upside Breaktout is imminent (!) My target for Gold is now $ 3'000
Comment
GC1! makes now attempt to break our of Contracting Triangle as told - Resistance now at $ 2530 .......... !Trade active
OUTBREAK ........... !!!
Trade active
Huge move of Gold to my first Target of 2700 - But much more to go after (!!!)Trade active
Updated Chart as follows .......
Only interested in longterm Stocks which I could hold most likely forever (!) Looking for the next 100-Baggers ....
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.