Gold Futures - developing an attractive entry

Targets for a 6 month swing on break from the handle are 1.272 and 1.618 fib extensions. However, if you zoom out you can see we are in an even bigger cup and handle breakout.

Note

I'm in GLD Jan 2023 debit spreads but I'm going to hop in Jan 22 for a swing on the breakout

Order cancelled

breakdown due to fed announcing higher interest rates coming sooner than previously expected and dollar bouncing off support. Will look for new entry

KallanS

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KallanS