Gold daily breakout on the cards - $1920 by year end

Gold is coming back up off the yearly lows and getting close to a breakout on the daily timeframe.

Look for a break of the channel top from August 2020 highs.

Target is 0.618 fib - $1920's

הערה:

Zooming out to weekly timeframe gold is painting a handle to last decade's cup - cup & handle target (in next 5 years) is $2800

הערה:

Daily break out - closed above the channel