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Gold target in 2018 $858-$915

Posted by joe12pack @ 14:49 on December 29, 2016  

Since gold appears that it will not close below $1060 for the year end the final intraday low will be delayed until 2018 according the Arrmstrong’s gold cycle. Using Ackerman’s ABC Fibonacci projection these are the two targets I came up with. Armstrong also said that we need to close sub $1k to confirm the final low and a retest of the old $850 high would be a nice place to test which is in line with the 2nd target I have.

gold-2018-targets

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.