Gold is about to breakout above $2k - Here we go
The Fed and US economic data will likely prompt s big move in Gold/Silver over the next 36+ months.
My read on the data is that we are starting a price cycle that is similar to 2002~2005 again.
Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011.
If that happens again from the $1700 support level, we may see Gold reach levels above $11,000 by 2027~28.
This is NOT the same market condition as 2019~2022.
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My read on the data is that we are starting a price cycle that is similar to 2002~2005 again.
Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011.
If that happens again from the $1700 support level, we may see Gold reach levels above $11,000 by 2027~28.
This is NOT the same market condition as 2019~2022.
Follow my research
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Get More Great Research & Tools
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-- More..
Join Ment.Com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Get Some.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.