GOLD - Has the peak occurred?

GoldOANDA

Description

⋅ May 30, 2020 11:23 AM

Gold has reached the 76.8% FIB correction from the previous peak on diverging momentum since Sept 19.

The current rise could be the last wave of this bull ride?

If there is any more bullish fuel left 1783 may be the max where Y = 200% of W.

Good Luck

Comment

⋅ Jun 6, 2020 5:32 PM

I think Gold has just completed a double zig zag wave 4 and is set to make a new high around 1783.

Comments

The_Unwind

⋅ May 30, 2020 7:17 PM

We live in a very dangerous world.
I think it is premature to count gold out prematurely.
In this 2020 world, extreme upheaval and danger crosses the globe at the speed of sound.
As you also know, I have respect for your work.

Geofftv1

⋅ May 30, 2020 7:25 PM

@The_Unwind, agreed, which is why my title of this idea is as written.

Cheers from a very sunny Scotland.