Get started
Internetmoneyclub

Gold Fractal Target $6000

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Internetmoneyclub Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis goldidea Gold
6
1
trendanalysis goldidea gold
fractal analysis of gold.
Fractals do not always play out. we could see a major dip to $700 before we finally make a reversal to the upside.
Comment:
In early September 1976, just as gold prices bottomed, running out of options, the government of Prime Minister James Callaghan began the process of negotiating an IMF bailout of Britain. The sterling sunk rapidly, all the way to $1.56 by the end of October.

"BRITAIN TO ASK I.M.F. FOR $39 BILLION LOAN, ITS BORROWING LIMIT"
BY Peter T. Kilborn Special to The New York Times
Sept. 30, 1976

today we see similar news forming world wide..

www.telegraph.co.uk/...eeds-188bn-bailout0/

www.reuters.com/worl...rly-2023-2022-12-13/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.