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.
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.