Description
⋅ Measured move,
Basing from 2014 to 2019.
Fibonacci extension from the 19' low to covid run gives a measured target of roughly $2500 USD
also bullish flag pattern has the same target.
Once of the strongest looking sectors IMO.
Comment
⋅ Gold has pulled back, but I think its just climbing a wall of worry.
The fundamental thesis behind it have never been stronger.
Comment
⋅
Pulling back to 200 WMA
still just backtesting on that bullish flag.
DXY still rallying.Comment
⋅
DXY pulled back.
Pulled back to 200 WMA ?Comment
⋅ Gold having a good run, macro backdrop is turning in golds favour,
my largest and highest conviction thesis.