Gold Projection for Year End
Confluence of daily, monthly and hourly channels carve out the possible window (Red Vertical) for volatility into Georgia senate runoffs in January (5th). Where original daily channel topping trajectory may be resumed with a likely re-test of 1900 before resumption. Happy holidays!
Note
Monthly channel middle held as resistance, tested the validity of the hourly channel. Broke monthly resistance to set up for a leap into Monday's trading. Speculative (very eager) price path not followed, but levels are strong. Re testing ATH in february, probably.
Note
See newer post today, 1992 by the 7th.
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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.