Gold --> Forecasting Future Price Move

hello guys...

In this gold analysis, I will be examining the monthly time frame for gold and its potential price movements. My analysis suggests that gold may experience significant price appreciation in the coming months, with a target of $3,410 followed by a potential surge toward $7,411. Please note that financial markets are inherently unpredictable, and the following analysis is based on historical trends and patterns, but it does not guarantee future outcomes.


1. Target: $3,410:
Based on my analysis, I anticipate that gold could reach a target of $3,410 in the near future. This target is determined by identifying key resistance levels and trend lines. It is important to monitor market conditions and technical skills for confirmation of this upward movement.


2. Extended Target: $7,411:
In addition to the $3,410 target, my analysis suggests the possibility of gold touching $7,411. This target is based on a longer-term perspective and may be influenced by a combination of the aforementioned factors and a potential continuation of bullish sentiment in the gold market.

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Commento:

weekly time frame:

if a break out happened then cup and handle will confirmed: