CFDs on Gold (US$ / OZ)
Long

Is 2700 our Target

174
Gold is keeping surprising us with new highs every day, despite that I don't understand the fundamental reason for such over valuated price, but technically the chart is telling us where gold is headed to.
Two patterns are clear now;
Bullish triangle on Monthly TM and the target in this case is set to 2700
and inverted H&S and the target is set to 2500
Note
Great Analysis

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.