Gold potential spots for a bottom, $1,960 area but more likely is $1,920 for the daily cycle low bottom.
Then gold is going to break through the gigantic cup & handle meaning that $5,000-$10,000/oz ..
It’s rare that I suggest that gold market investors should engage in “price chasing”. The 1970s were a time to do it. So was 2009. When price rallies to the neckline..
He stated they will raise rates by a 1/4 point. But we don't know where we will be in 10 days from now. Inflation remains red hot and supply issues are adding big pressures. The gold price targeting $2,000.
There are indications that this is the one when the gold cartel loses control. What makes me think this, the action in silver and mining stocks.
Energy is becoming concerning...
