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JohnLiv
Feb 23, 2020 4:24 PM

Watch as over the Year Gold's rate of rise increases momentum 2k Long

GoldOANDA

Description

Following on from previous analysis, (links to charts below), Gold is following my projection Beautifully and as my method users the fractal theory I also see movement that is reflective, of the last highest high in 2013, my analysis is very much based of this theory on long term charts. I do see before the end of the Year, (mid late December), if not earlier a high above 2000, possible 2200.
The areas to look at over the midterm are 1647, 1683, 1722, 1748, 1783 and 1795, as can been seen from the chart a 100+ pip retrace is immanent but could come anytime between 1647 and 1726, the latter being the most probable.
Comments
Captain_Walker
Sweet analysis! Thanks.

If bonds and the US Dollar head south, expect Gold to rocket madly to USD$3000 in under a week. Panic will have broken out about financial meltdown.
JohnLiv
@Captain_Walker, I completely agree, Thanks for the comment always appreciated
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