Gold Gold Daily Video, January 03, 2020

[Sive Morten]

Good morning

Gold keeps running higher and we could do only two things - either wait for pullback, which is best choice for daily traders, or - try to follow harmonic retracement tactic on 1H chart until 1550 level:

 

[Brett Reynolds]

The Huge Inverse 'H&S on Monthly indicates final target of around $1700..!!

 

[Sive Morten]

The Huge Inverse 'H&S on Monthly indicates final target of around $1700..!!

Yes, our monthly object shows 1680... watching how gold is thrusting, it seems that my sense doesn't cheat me - there is really something big stands beyond it. I wonder what will be with stock market...

 

[Brett Reynolds]

Yes, our monthly object shows 1680... watching how gold is thrusting, it seems that my sense doesn't cheat me - there is really something big stands beyond it. I wonder what will be with stock market...

Well..this year..more uncertainty with US Election coming, Impeachment of Trump..and Brexit Final decision by December 2020! Not to mention Iran/Iraq trouble on Horizon! All points towards positive for Gold..!

 

[DaveT]

Only going up at the moment with all the turmoil going on