Gold targeting higher target
And Discovery promising future upside
TWO INTERESTING – albeit unrelated – charts are shown. The first is the gold price (in US dollars), which has been ramping up again to new all-time highs.
We show a short-term target for it. We also show a chart of Discovery Holdings, which has given a new breakout to the upside.
Both charts are overbought over the short term but nevertheless pointing to more upside to come despite any intervening pullback.