Gold Spot / U.S. Dollar
Long

XAUUSD GOLD PRICE WEEKLY UPDATE

340
XAUUSD

GOLD has been forming a massive bullish cup and handle pattern since 2011. it has almost been completed which is looking quite bullish. ofcourse we still need to break the upside in order to move further upside.

I think within 1.5 year we will see atleast $3000 on the chart. despite people fear over recession i still believe within by the end of next year we will see gold price close to 3k.

Disclaimer: this is not financial advice

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.