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.
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.
1122-1295-1205=1378(100%) or 1425-1485(127%-162%).