In the previous idea that I made on December 30 last year. I stated that a gold candlestick in the green zone determines the goldsilver price trend in 2022 and based on that I expected a zigzag and bullish price in 2022 for goldsilver.
But what to expect in 2023?
The trend of the candles indicates the fall of this index toward Fibo 78.6 and Fibo 100 .the detail is shown in the this Idea.
2023 is generally a very good year for the stock market and gold.
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Possible future Trend of goldsilver crab ( Crab harmonic pattern ) in this parallel channel .
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goldsilver cypher pattern will start.
Trade closed: target reached
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Trade active
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buy limit set active at 77.7
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Without a Doubt. GoldSilver is King of Market. and DXY Is Prime Minister of Market.
King Is appoarching to Enemy Firewall.
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We can Expect that goldsilv rise after a minor correction in red region and goldsilv reverse direction in 85.4 . At this point, The price of silver probably will drop to 23 dollars.
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As i Expected. King Rest in the prohibited and now We can Expect that king rise up more and more to reach level shown in following chart
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as I expected King Fly to F 1 and King Retrace From F 1 to 0.786 Now it is possible to Fly to Next Target.
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the bullish cypher pattern will start at 79
it means that gold falls sharply and king rises up again
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GOLD AND SILVER TREND IN Past days.
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possible trend of king of market
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TREND of goldsilver Trend
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decline trend will start at 87.9
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Trend of goldsilver Ratio as King of Market at next weeks.
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ZIGZAG TREND for goldsilver ( king of the market ) continues till when and what is its reason ?
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ALARM:
BIG SELL for gold/silver Is on the way by bullish crab pattern of sellers.
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Big Sell started from 2130 $ gold. Is It Possible to Gold Rise More and Record a New High Before Big Selling Trend
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a New Update of my published Idea
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The decrease in gold price may be attributed to the emergence of a bullish bat pattern in the gold-silver ratio, currently standing at 82.86$. This pattern suggests a potential shift in market sentiment and could indicate a reversal in the current trend.
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in the pervios chart , The first start point of gold crash started at 1.27 not 1.618
Second start point of gold crash likely will start at level 1.13