Attached is the monthly and weekly chart of gold in us dollars..
The big picture monthly chart shows that gold has an impulse move from around Aug 2018 to Aug 2020 of about 900 dollars. since then it has been moving sideways for about 3 years. But there is a good possibility that is about to end. If this 3 years rectangle consolidation is a half way pattern and if the second impulse move has just started then and if this second impulse move has the same magnitude as the first move then we have an upside target of about $2700. But the second impulse move is not confirmed until it breakout of the rectangle consolidation pattern. However the weekly chart is suggesting the price will breakout of the rectangle consolidation soon.
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Gold in Aud, page-50
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