Gold is using Fibonacci extension analysis to target the 2355-2360 range in the near term, then will likely pull back from a multi-year bull-flag pattern; the monthly chart shows gold at the 0.618 Fibonacci extension of a pattern dating back to the 2015 low, which projects a longer-term target of 2670-2700.
factualpending
Speaker
Chris RilionEvidence Quote
“next upside Target is um is this 2355 area for gold... we are pretty much right at the 618... next upside Target is which is 26 uh 70”
Source
Will the S&P 500 Crash By 50%? How Gold Could Protect Your Portfolio | Chris Vermuelen— WealthionCreated: 8/10/2026, 11:07:32 PM
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