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03/03/24

06:47

Post #: 72716019
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Originally posted by ronme: ↑

From a specialist technician.
The AUD gold price ($3193 up $92 per oz,has broken out decisively to an all-time high. It has a fabulous chart. In March 2023 when it broke out of a huge triangle with resistance level of $2850, I put the long-term target at $3900. It subsequently formed another smaller triangle with resistance at $3140, and this week it broke through that, implying a medium-term target of $3530. The long-term target of AUD $3900 remains in place.

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"From a specialist technician."
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