Exchange rate analysis is a fractal comparison. The left part of the figure is an already completed and completed fractal. And the one on the right is a fractal under construction. The parameters of the two fractals are similar so far. Therefore, we are talking about matching fractals. If this agreement continues, the exchange rate could rise to US $ 3185. This will be your primary target price. We expect an adjustment from this level.
The fractal situation is consistent with background plans by Central Banks around the world which are planning QE on steroids and interest cuts like nobody's business. These plans are not normally spoken about in traditional media. My sources are essentially 'alternative'. So - a melt up is the response expected (not predicted). The meltdown that follows is likely to be like that not seen before the 1930s. Bubbles do pop. Ponzi schemes crash. It's very basic. Gold price is expected to rocket for two reasons: 1. With the melt up US Dollar value is likely to drop 2. Sensible investors are likely to cash out into gold before the long drop, and not reach for bonds. Expect cryptos to push north as well
meszaros
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@Captain_Walker, Thanks for the comment. As for the future of crypto and gold, I look forward to the north. Even silver and other PGM raw materials. I expect the dollar to weaken as well. In conclusion, I agree with all your words.