I commence with my gratitude to The Creator
On 08/29, my gold forecast stated that $1,795 is an important level, rather, it was named "line in the sand". Failure at level would have been devastating. and Support at the said level, once achieved, was foreseen and forecasted as to have given a "springboard" to the Gold Commodity to get another boost of energy and thus buying. There wasn't any news at that time, just the importance of price cycle and time cycle. Once price had held at the "NHN" Natural Harmonic Number of $1,795 level, and especially within the time cycle of 08/30-09/01, then the rally was expected and the rally we have had in the precious metals.
Now, Gold is ready to eclipse the recent highs at $1,919 levels, as stated in my said forecast, "if this level holds, then gold shall lead higher than recent highs."
NExt price resistance levels shall be published in future posts, but they are not very near. ;-)
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