Timonrosso

Golden rally with two power bull breakout patterns

Lång
COMEX_DL:GC1!   Terminskontrakt guld
The gold price is looking exquisite for upside.

Not only do we have a Symmetrical Triangle where the price has broken for the first time since March 2023.

We have a more recent Rounding Bottom which is showing strong upside to come for the precious metal.

RIght now, going long gold and golden stocks are a great hedge for the markets.

My target remains at $2,169 from the last analysis I did on the shiny gold beauty.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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