GOLD Buy signals


Gold is getting outside of the Channel Up that started on the March 31 bottom (blue channel) and may be forming an even more aggressive Channel Up (dashed lines). The next Resistance Zone is the January 06 – 07 Volatility Cluster (1910 – 1925). The 4H MA50 and 4H MA100 continue to form a zone for pull-back buying. The natural target is 1900 (just below the Volatility Cluster) and the Jan 06 High of 1960 in extension.

Most recent Gold signal:

GOLD Buy signals short-term

Similarities with 2020:

GOLD 2021 vs 2020

March buy signal on the bottom:

GOLD aims at $1850. Similarities with December 2020.
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