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WHAT THE BULL WILL DO UNTIL MAY 2021 ? (PART #1)

TVC:GOLD   CFDs on Gold (US$ / OZ)
In the previous analysis, I had an estimate that The Time Span for the Bull Market is up to May/June 2021, as shown in this chart (//s3.amazonaws.com/tradingview/snapshots/7/7pZ8pqtc.png). In order for Continuation Of The Bull Market, at least in 2021 the Bulls must be able to bring The Price Higher Than The 2020 High until May/June 2021. This chart (//s3.amazonaws.com/tradingview/snapshots/h/hL86ZOf3.png) is an approach in which 2020/21 is the determinant for The Continuation Of The Bull Market.

Meanwhile on the other hand, The Balanced Time Chart Approach as shown in this chart (//s3.amazonaws.com/tradingview/snapshots/x/XLgOEWlg.png) shows the end of the balanced is in Nov 2020, where according to my point of view, the Bulls should be able to maintain the price to move above the $1795 of 2012 High until Nov 2020. If bulls can do this then based on this chart approach (//s3.amazonaws.com/tradingview/snapshots/t/t58K0ooc.pngg), bulls will push the price to move above $2075 of 2020 High.

In my previous analysis as shown in this chart (//s3.amazonaws.com/tradingview/snapshots/y/YXQWKkPf.png), I have predicted that Sept 28, 2020 and Oct 19, 2020 (plus minus 1 week) are the opportunities to buy back and this week is -1 week from Oct 19, 2020 meaning that the price should not be close below previous low until the end of the +1 week.

Time Will Show

ooOoo From The Desk Of NewBie ooOoo


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