By closing daily below 1994, gold has confirmed the fall again until 1940-1960, which was done after confirming until 1974 (200 PIP). Further, from the point of view of technical analysis, two targets of 1960 and 1940 are still active. After touching our desired targets, we expect a pullback to the broken channel line, but from the perspective of time analysis, Pluto rushes this week after the hard angle with Jupiter on May 18, 2023 to confront and fight with March, the god of war. March is leaving the last degrees of the Cancer sign. After March slowly opposes Pluto and leaves the sign of Cancer (around May 19-22, 2023), it can temporarily create a good position for gold and silver. (As we mentioned earlier, the lunar eclipse on May 5 will cause the markets (gold, domestic, global gold, stock market) to crash, which is important.)
Now we also have an important time zone from May 19 to 21. It should be noted that these time zones can intensify the previous process and can temporarily have a reverse effect for a few days. According to the technical analysis of the chart and also if the price pattern is completed, I expect a temporary pump in the symbols mentioned in the post. However, we are again approaching an important timeframe.
Now we also have an important time zone from May 19 to 21. It should be noted that these time zones can intensify the previous process and can temporarily have a reverse effect for a few days. According to the technical analysis of the chart and also if the price pattern is completed, I expect a temporary pump in the symbols mentioned in the post. However, we are again approaching an important timeframe.
