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Analysis

Gold and Cable soar as expected

Gold

Gold soared from first support at 2619/17 then shot higher to all my targets of 2633/35, 2642/44, 2648/50 & 2655 exactly as predicted.

We reached a new all time high of 2670 & of course the outlook remains positive.

My new targets are 2674, 2681/83, 2688, 2694 & 2699/2700.

First support at 2656/53 but longs need stops below 2648.

Second support at 2642/38 & longs need stops below 2633.

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