This chart doesn't played perfect, as expected.
However, it's still working after few reedits and that is important.
Let's monitor how will end up & if print new lows below June.
After that, it convince me to full fill box targets around 14-15k.
Time frame probably not fit. It is just previous trend price action.
Can take much more time or go sideways...Always possible. Also Black Swan would occur.
But isn't so far to make it real.
Formation is Bear Flag , below 200 week average with economy in recession.
It could end up much lower. I am just posting gold-mid way for long term invests position.
Take care, Emvo.
*This is not any financial advice.
However, it's still working after few reedits and that is important.
Let's monitor how will end up & if print new lows below June.
After that, it convince me to full fill box targets around 14-15k.
Time frame probably not fit. It is just previous trend price action.
Can take much more time or go sideways...Always possible. Also Black Swan would occur.
But isn't so far to make it real.
Formation is Bear Flag , below 200 week average with economy in recession.
It could end up much lower. I am just posting gold-mid way for long term invests position.
Take care, Emvo.
*This is not any financial advice.
