Harmonic analysis on GLD is proving attractive this week. Anxious investors looking for a safe-haven, the non-fiat metal is shoring up prior to tomorrow’s speech from British Prime Minister Theresa May regarding Brexit, as well as President-elect Donald Trump’s inauguration on Friday.
My 10-day prediction window shows strong consistent gains. The gold is currently trading at 114.21. Positive vector figures climb from ~1% to ~4% at the end of the window, relative to current conditions.
Current risk:reward profile is 1:1 with the target at 117.64.
My 10-day prediction window shows strong consistent gains. The gold is currently trading at 114.21. Positive vector figures climb from ~1% to ~4% at the end of the window, relative to current conditions.
Current risk:reward profile is 1:1 with the target at 117.64.
