* Gold will target the $2,250 level before stalling and attempting
another upside price rally targeting $2,500 or higher.
If you have been following my research for a while, you are already aware of past research posts suggesting Gold and Silver will advance in multiple upside price legs over the next 90+ days. Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher. Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.
What you may not be aware of is the incredible opportunities setting up in Platinum and Palladium. Platinum has set up a very deep COVID-19 low near $550 and rallied back to briefly touch resistance near $1,035 as we can see in the Palladium Weekly chart below. Since that move, Platinum has stalled below $1,000 waiting for momentum to start another upside price leg.
* Silver will target the $33 price level when the current upside
move builds enough momentum, then target $38 or higher.
* Our next upside price target for platinum is $1,410,
representing a +52.4% upside price target.
* Palladium bottom in March 2020 was near $1,357. We expect a new upside price target for Palladium
near $3,663 once it has broken out past current resistance levels.
If you have been following my research for a while, you are already aware of past research posts suggesting Gold and Silver will advance in multiple upside price legs over the next 90+ days. Gold will target the $2,250 level before stalling and attempting another upside price rally targeting $2,500 or higher. Silver will target the $33 price level when the current upside move builds enough momentum, then target $38 or higher.
What you may not be aware of is the incredible opportunities setting up in Platinum and Palladium. Platinum has set up a very deep COVID-19 low near $550 and rallied back to briefly touch resistance near $1,035 as we can see in the Palladium Weekly chart below. Since that move, Platinum has stalled below $1,000 waiting for momentum to start another upside price leg.
Using a simple 100% Fibonacci Measured move technique, we can easily identify the $485 price swing from the $1,035 highs to the $550 lows. All we need to do is find a support level near what we believe will be the Momentum Base level, then add that $485 to the Momentum Base level to find the next upside target in Platinum....Continue Reading Here.
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