XAUUSD 25.26% before rise. XAUUSD builds a double fractal structure. Apparently, the size of the wave structure in the fractal is similar. Therefore, the analysis assumes that the size of the ascending wave sequence currently under construction is similar to the size of the previous fractal wave sequence. In this case, its rise may be similar. Therefore, we choose the target price at 2376usd.
@Captain_Walker, Thank you very much. In addition to gold, even gold mines are worth watching. The valuation of gold mines has lagged far behind the rise in gold prices in recent times. In my opinion, this may change.
onwards_and_upwards
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Lot of talks to gold falling to 1700 before rising to those levels. What are your thoughts?