GOLD Breakout From Ascending Triangle
Good Morning
I am writing to present my analysis of the gold market. As you are aware, gold has broken through the resistance area in the ascending triangle. This strengthening is due to the fundamental impetus from the FOMC, which has maintained interest rates. It is likely that gold will reach another record high price. The long-term gold price target is $2500.
Kind regards
NAFX
I am writing to present my analysis of the gold market. As you are aware, gold has broken through the resistance area in the ascending triangle. This strengthening is due to the fundamental impetus from the FOMC, which has maintained interest rates. It is likely that gold will reach another record high price. The long-term gold price target is $2500.
Kind regards
NAFX
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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.
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.