I see gold rally above 1500 in a couple of months

Gold Rally to 1500...Gold briefly touches the swing high created in February this year before the little pullback. A break above 1346 is imminent and this indicates more swing highs will be violated. A break above 1360 resistance will finally expose gold to the resistance at 1525 as shown in this chart.

After the initial break of 1360, gold will attempt to re-test this level (now support), if it holds, then 1525 is in view otherwise the precious metal will fall to test more support

Trade geschlossen: Ziel wurde erreicht:

gold target reached, but it;s not time to sell...