Long term technical outlook for GOLD $$
As the year end draws close, we thought we would post an overall long term outlook for gold and some long term levels on the monthly chart.
1777 has held well as support on the monthly chart with two Goldturns created on this level. We are expecting gold to move towards 1868 Goldturn and then towards 1976. Once this level or range is tested we are expecting some correction to low 1600s before resuming back into the trend to go and create a new all time high at 2200 projected axis level. Remember we called it!!!
Once again thank you all for your support and please don't forget tp hit like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
1777 has held well as support on the monthly chart with two Goldturns created on this level. We are expecting gold to move towards 1868 Goldturn and then towards 1976. Once this level or range is tested we are expecting some correction to low 1600s before resuming back into the trend to go and create a new all time high at 2200 projected axis level. Remember we called it!!!
Once again thank you all for your support and please don't forget tp hit like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
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