GOLD Supercycle
Following the formation of a strong consolidation zone between 3900 and 4200, gold prices have finally begun to show momentum for a trend reversal. By the end of this week, the price successfully broke through the 4370 level.
Based on the Supercycle pattern and the Fibonacci Speed Resistance Arc tool, we can see that the next targets for this gold price movement are the resistance levels at 6500 and 7500.
It will be very interesting to observe its future price action.
Hope this is usefull and God Bless !
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