hi,
This is not a chart for trading or to get entry/exit levels.
I remember in 2010 when newspapers/ news on television were beginning to focus on gold price (media attention).
From this point, i tried to find if gold have real similitudes before and after with a classic bubble. Obviously, it does.
This is theorical and not a trade plan.
Comments are really welcome but, please, avoid this kind of comments : "do it in log scale, you'll see the difference" or "The system is collapsing and gold can't go back as low as 600$, because gold is THE money" ;)
This is not a chart for trading or to get entry/exit levels.
I remember in 2010 when newspapers/ news on television were beginning to focus on gold price (media attention).
From this point, i tried to find if gold have real similitudes before and after with a classic bubble. Obviously, it does.
This is theorical and not a trade plan.
Comments are really welcome but, please, avoid this kind of comments : "do it in log scale, you'll see the difference" or "The system is collapsing and gold can't go back as low as 600$, because gold is THE money" ;)
The return to normal is maybe higher
This kind of news could help to see $800 in near future : www.dnaindia.com/sci...-40-per-cent-2406589