A CASE FOR GOLD'S $1445 TARGET
As previously posted, my short term target for gold is $1445 which meets the neckline of an INVERTED H&S PATTERN.
Using the fib speed resistance fan, probably in a way which it is not intended to be used, I lined up the tool's fib trend lines with key peaks and valleys on the weekly chart for gold from the low to the $1445 target. From the chart we can expect gold to reach that target by mid-March, 2018.
Look's interesting and logical, if I do say so myself ... just you "WAIT AND SEE".
Using the fib speed resistance fan, probably in a way which it is not intended to be used, I lined up the tool's fib trend lines with key peaks and valleys on the weekly chart for gold from the low to the $1445 target. From the chart we can expect gold to reach that target by mid-March, 2018.
Look's interesting and logical, if I do say so myself ... just you "WAIT AND SEE".
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