We had mentioned an analysis of gold since the beginning of the week with this link
Where gold has been moving, as we can see on the monthly frame, in a strong upward trend since the beginning of last year, and strongly since the beginning of this year, as the price was able to breach the bearish trend line from the September 2011 high and penetrated the resistance levels 1366.00 and 1590 respectively, to follow after the strong bullish monthly candles
Until the price was able to break the last peak the price reached at the level of 1909.00 with the beginning of the year 2011
It is expected to complete the rise to reach the level of 2026.00, where the harmonic alt bat model with a correction rate of 113% fibo of the leg xa
Indeed, the price yesterday reached 2026.00 levels.
