Finonomy59

Gold is looking long beyond expectation

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In the monthly time frame, gold gives a clear pattern rounding bottom, which is a big bullish pattern for a far long target. It has given breakout and retested the breakout level. Now it is amazing to see the bullish move from here. We can also see the bullish move from 1800 or some below the level in the weekly time frame. If this happens we can expect the first target at 2440 in the next 1-1.25 year and the next target at 3300 in the next 2-2.5 yr.
This could be a very good long-term investment in gold as we could have some big target of return of money in future




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