Gold break out (25% upside potential)

٢١ يناير ٢٠٢٢

Gold has been forming a horizontal triangle since the lows last August. I think that it will break out to the upside within 1-3 months and pump to approximately $2,300 an ounce. Once there I am expecting it to go sideways and consolidate. This may be a once in a lifetime opportunity to go long on the yellow metal, which is well overdue a move following the rampant money printing.

GOLD