GOLD, target reached!
At January 6. I analyzed the gold and while the precious metal was at 1185, I set a potential target at 1135/40. Here we are today, the target is reached! Regardless of what I set the correct resistance points on the way up in the beggining, I followed the moves in January and point at the same levels and reversals all the way to the target. As I wrote in my previous analysis, this is very important level for the precious metal and break above could give more boost toward 1160 > 1190! But, let’s see how the buyers will and can they break this? Sure, I will follow and analyse the moves on gold furder. I don’t need to mention that I predicted and reversal from 1045 toward 1080 as well at November 24. 😉