Gold has been moving higher since my last post and it did tag 1285-1275 zone, however it did not tag the lower price zone of 1270-1260 It continued from 1275 to the upside breaking above 1300 now in the 1330's on its way higher.
From 1046 it made a high at 1375 then consolidated to 1122 then on it's way higher... resistance at 1295-1305 then consolidated in a $90.00-$100.00 range 1305-1205 and has since broken above 1295-1305.
Upside Price targets from 1046 & 1122:
1046-1375-1122=1453(100%) or 1543-1580(127%-138%)
1122-1295-1205= 1425(100%) or 1444-1485(127%-162%) The labelling on the chart is a guide and not a rule as one can label it in many different options.
Komentar
The upside target posted from 1122-1295-1205 was incorrect it should read as follows: 1122-1295-1205=1378(100%) or 1425-1485(127%-162%).
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