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bluedog360

Do You See What I See?

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
bluedog360 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Cup And Handle Fractal Economic Cycles
37
4
cupandhandle fractal economiccycle
I see similarities between the 1980s gold run and today's build-up. Imagine that history repeats itself.

  • Green box - 3 wave growth pattern
  • Yellow box - multi-year cup and handle formation
  • Pink box - bubble growth

Cup and Handle Target: $2800-3000 (after a brief pause at the 1.6 fib $2460)
Fractal Target: $6000-7000
Comment:
a more detailed perspective on potential short-term moves (July 2019)
print moar
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