Commodity Gold PnF Chart 27/01/2016.

This is to built on the prior post in regards to where the precious metal may be headed.

Looking at this Daily H/L,3 Box, Box Size $5USD, conventional method PnF chart for a Tentative Bullish Price Objective after the recent breakout with Gold. The Tentative Bullish Price Objective stands at $1320 USD if the pattern succeed. As always price action first and foremost in importance.  

We must remember that depending on the current FOMC Meeting outcome in the next day or two, due to the time difference we may see extreme volatility with the broader markets/commodities.

Chart is courtesy of



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