Timonrosso

Golden rally with two power bull breakout patterns

Alış
COMEX_DL:GC1!   Altın Vadelileri
The gold price is looking exquisite for upside.

Not only do we have a Symmetrical Triangle where the price has broken for the first time since March 2023.

We have a more recent Rounding Bottom which is showing strong upside to come for the precious metal.

RIght now, going long gold and golden stocks are a great hedge for the markets.

My target remains at $2,169 from the last analysis I did on the shiny gold beauty.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.