(CercleFinance.com) – Ounce of gold peaks at around $1,925, after a gain of more than 5% since January 1 and +17% since mid-October ($1,625, or $300 recovered).
Gold came out of its bearish channel since crossing $1,875 (validation of an inverted ‘head/shoulders’).
Gold tops out just after closing the April 22 $1,926 gap.
The next target would be 1,980, zenith tested in mid-April 2022, then 2,050 or $2,070, the historic high of March 8, 2022.
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