Gold looks wild
In my analysis I included, priceranges in percentage.
From previous low to highs with a trendchange, was about 25+ percent.
The upcoming price-correction will dump hard I believe, since it did not correct since 1980sh$
Also my analysis includes previous respected trendline and fib.-levels + price-targets.
We are pretty much over extended so far considering it was done in just a few months/weeks.
Several overlapping targetlevels in the small frames indicate to me a dump soon.
Gold have strong believed to bring safe haven for so many, but we all know that buy-momentum at ATH can not be healthy and big players want to take profit and they will do it all together at once I believe, or else they risk loss for their investment considering the high pricelevel they went into
From previous low to highs with a trendchange, was about 25+ percent.
The upcoming price-correction will dump hard I believe, since it did not correct since 1980sh$
Also my analysis includes previous respected trendline and fib.-levels + price-targets.
We are pretty much over extended so far considering it was done in just a few months/weeks.
Several overlapping targetlevels in the small frames indicate to me a dump soon.
Gold have strong believed to bring safe haven for so many, but we all know that buy-momentum at ATH can not be healthy and big players want to take profit and they will do it all together at once I believe, or else they risk loss for their investment considering the high pricelevel they went into
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.