1st Quarter Gold Forecast
It appears that gold is currently in wave 4 of 5. Simultaneously it has tested the entries and one critical zone of the Prz on a harmonic pattern it's forming, falling typical harmonic motion and retracing slightly to retest all the levels of the prz until one large fall off. Finally the Stochastic indicator just had a bullish cross in the over bought zone. Now it's just time to patiently wait for indication of entry and then we're of to the races! Get ready for a bullish first quarter for gold, It's heading up to 1600!
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.