Here is a look at double bottoms plus gold and silver price targets.

Gold & Silver Double Bottoms
September 10 (King World News) – Top Citi analyst Tom Fitzpatrick:  The patterns on Gold and Silver are increasingly looking like bullish triangles with double bottoms suggesting that the next impulsive rally is likely to be higher. (See charts below).

Next Move Should Be Higher

Gold Price Target
Appears to be forming a firm base now at $1,902 and testing the triangle top around $1,962. Above here there is a double bottom neckline at $1,992 with a break suggesting a re-test of the all time high at $2,070. An additional double bottom neckline at $2,015, if broken, suggest a move towards $2,125-$2,130.

Silver Price Target
A similar pattern exists here with the top of the triangle around $28.52 and a double bottom neckline at $28.90. A break of that latter level would suggest a move towards $32.

Lagarde/ECB, Inflation, Unemployment, Gold, Silver & US Dollar
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