If you would like to find out what Gold will do next, in both price and time, please Click Here
Gold/GC – Update
Date of update: August 1st, 2024
Thus far, our Gold/GC analysis is working out very well. In January of 2024 (see our prior update) we stated the following….
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- Our additional work confirms this. Gold is sitting at a major breakout point. A break above $2,200 going forward would confirm the above forecast. Once that happens, we have two potential upside targets for first half of XXXX. One located at around XXXX and the other one is at around XXXX. Higher targets are possible, but GC would have to break above those levels by the end of XXXX.
- In summary, our mathematical and timing calculations now suggest October of 2022 low was the major low for the metal. GC will now push higher, eventually breaking above $2,200 and then running up to a new all-time high by the first half of XXXX.
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Our next TIME turning point of interest arrives in early XXXX where we anticipate a mid-cycle top. If you would like to find out what Gold will do next, in both price and time, please Click Here