What an incredible rally in GOLD from Support - what's next?

27 בינו׳ 2023

This incredible rally in Gold won't really end until prices reach levels above $2250. My target is closer to $2400 - but we'll see how things play out.

Overall, Gold moves in $350 price phases. From recent lows, the top of that $350 price phase is near $1985.

I would suspect a moderate pause/pullback after reaching the $1985 level. The low of that pause/pullback will prompt another $350 upward price phase.

If we assume the low of the pullback will be near $1900, then the upper target of the next upward price phase will be $2250+.

Eventually, as Gold shifts into a parabolic phase, those $350 price phases will increase..

A. $481
B. $525
C. $566
D. $700

As the speculative phase in precious metals continues, we'll see varying expansion/contraction phases until the peak is reached after 2027~28.

Hang tight, this is just getting started.

Follow my research.