Trend is bullish for gold and silver and copper. Rapid rise in conflict escalation between Israel and Islamic nations will ensure the continuity of bullish trend today and in October.
Our updated projected target for the end of wave 3199.90! We still expect higher prices as wave @iii@ continues to develop. Recommendation: Go long gold. Use puts as stops.
Year-to-date, the gold price has risen from last year’s settle at 2072 to as high as 2709, to settle the week Friday at 2681. That is a net year-to-date gain of +29.4%
According to Bank of America, gold has been creeping higher and they keep a call that the yellow metal should hit $3,000 per ounce once a sustained cutting cycle gets under way.
