#Gold is showing same pattern as observed in 2005 ready for breakout for the target of $4000-4500-5000 in 4-6Year . It's a good time to invest in gold . Gold is expected to form its base above $1730 in july 2021 as its has also formed base in july 2005 so same is expected to happen this time also according to pattern on the chart . Gold should not give monthly or bi-weekly closing below $1730 because this will violate the pattern running rn on the chart . I goes below $1730 then gold may be dead heavy bloodbath can be seen tho this is not expected in the gold market till big event . Keep $1730 as a important level and buy for heavy profits in coming future !
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.