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GOLD: Dip, rebound and 1915 down the road.
Gold Spot / U.S. Dollar
Short
GOLD: Dip, rebound and 1915 down the road.
By YahooSignals
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Dec 15, 2023
4
Dec 15, 2023
Gold is simply repeating the peak pattern of every single one of the previous three top sequences since August 2020.
The first dip touched the 1d MA50 and rebounded. Based on the previous ones, we may see one more dip followed by one more rebound.
All patterns eventually reached the 1.382 Fibonacci level.
That gives a target: 1915.
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