TrustThePhi

TrustThePhi

Orange directionals : Fast recovery to the upside, top out earlier than other possible directionals. The drawback is a risk of longer term decline. At the end, the challenge to the bottom middle blue line might occur here. Increased volatility is due to the distance between top and bottom. Blue directionals : Correction continues to the downside and bring...

TrustThePhi

Right here is where the gold's price could pivot to the downside (1850) for a healthy pullback. If it is still moving on up to 1950, expect a push to 2000. By price 1950, gold would have gone +20% from the most recent bottom.