Gold to recommence bull?
Measured against the DOW as a more accurate assessment of true value, we appeared to have bottomed out on the weekly timeframe and broken structure to the upside with Gold making new all time highs. The 78 fib has held as support on the retracement and further upside is expected on an ever-weakening dollar. I predict some consolidation around the highlighted zone before a strong push through with gold moving to new highs.
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