Hambooger

Gold Spot LT Idea (May 25th 2021 through May 2022)

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold Spot $/oz (May 25th 2021 through May 2022)

Low: $1,677
High: $1,943-$1,995

Don't get tricked!? Perhaps this run is ending soon. There is major potential for gold to outdo its last ATH but my main sentiment is that we may see some large sideways, mostly neutrally average fluctuation before going down hard in the following years, followed by an intense rise into the 2030s? Could be a bit too ambitious to say right now but always remaining curious to see where this goes.

Of course, the more accurate my previous forecasts have been, the less accurate they can be going forward. My last chart for this did pretty well and its still following a trajectory I had charted in between now and that chart for the gold futures, attached below.

Related ideas below:

Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
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