Period of falling volatility dominated by all time high and current PoC of 1366
Commentaire:
N.B. 66.6% Gann retrace from ~2000 to ~666 seems unlikely - more likely is the downtrend will be cut short at 50~61.8 Fib levels by safe haven, nice number, and government buying (but that's bringing in fundamentals rather than just relying on the technicals). In fact, the fundamental question is what political events will allow it to spike below 1000 (and the height/depth of spikes is always very variable and volume dependent). Monthly and Quarterly candle bodies (open/close) are more important to track than the wicks (high/low).
Expect to see the Gann Fan mirrored forward from 2025-6 (at this 22~23 year cycle timeframe this fan is likely accurate within ~1 year, and it looks like it could repeat the sharp decline of 2012~13, 11~12 years later, back to the PoC, and recentering on uptrend pattern).
Over the next five years, expect Gold/Silver to retest ~100 then fall to ~50 and stabilize around 66.6.