Update: Gold Outlook Feb 28th 🎯Target Hit

In our February 5th outlook, we mapped out the next critical zone to watch for Gold: 5530 - 6000.

Today, that target was officially hit.

Today’s big move was triggered by the war in the Middle East, but make no mistake the conflict was not the root cause. You will often hear mainstream analysts scrambling to explain a market move simply because something big happened in the news.

We strive at Investorms to make you not think superficially. News events only confirm and accelerate the structural market moves that have been building quietly for years.

Short-Term Noise vs. Long-Term Clarity

The Short Term (Unpredictable): Immediate price action from here is erratic. We could very well see a quick drop on Monday just to close the price gap left open since Friday.

The Intermediate to Long Term (Unquestionable): For our active trading positions, we are focused on intermediate to long-term profits. Looking at the larger cycle, it is almost unquestionable that we will break upward to set a new All-Time High.

We will highlight the created pattern in a later updates.

Important Note: Our posts are strictly for educational purposes and do not constitute trading advice.

1 comment