Gold daily breakout on the cards - $1920 by year end
Gold is coming back up off the yearly lows and getting close to a breakout on the daily timeframe.
Look for a break of the channel top from August 2020 highs.
Target is 0.618 fib - $1920's
Look for a break of the channel top from August 2020 highs.
Target is 0.618 fib - $1920's
Note
Zooming out to weekly timeframe gold is painting a handle to last decade's cup - cup & handle target (in next 5 years) is $2800
Note
Daily break out - closed above the channel 
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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.