Simon_says
Long

Long term analysis of Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
I believe Gold ( XAUUSD ) is going up in long-term, history likes to repeat itself.


1975 peak = 2011 peak in gold while 1980 peak = 2021/22+


Gold will go up to half-a-share of DJI https://www.macrotrends.net/1378/dow-to-...
Comment: The rich bought GOLD, the poor bought the TOILET PAPER!!
Comment: Gold Price Analysis With Unique Fibonacci Method Explained

https://www.youtube.com/watch?v=F5FnKlRf...
Trade active: If you agree with my analysis and would like to receive more signals or want me to post more charts, please get in touch or donate:

Bitcoin wallet: 361JK8fe6dLoqZ3Ztg8Uwg2n2m6jyVHigS

Litecoin wallet: MG2eK4HTSMT4xNpeAGRzHccXGfDS3b2Tk8

Ripple wallet: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg

Thanks
Simon_says
Comment: Price of the XAUUSD has overshoot my target, despite that, I still expect a pullback!

Comments

Hi Simon!
I share your perspective for gold. The run between 1975 and 1980 would follow the same as for the one starting in 2011. The time lapse should this time nearly twice as long.
We can observe the same CUP formation in the making as for 1975-1979. Wenn the rim of this CUP pattern will be reached, the HANDLE (50% pullback from the high of the CUP) or "The Mania" (one to one extension from 2001) could start. Time will tell...
Have a nice trading week and please keep posting!
Sincerely,
Trading Mickette from Germany
+3 Reply
Nice TA: This is my new update from odd chart at Apr
+1 Reply
Agree that the Dow gold ratio will hit its lows again at least - 1980 low of 1.29 I think it is from memory (old these days so could be wrong). Whether the Dow tanks or hyper-inflates, either way gold should hit that historic low for the ratio, certainly a lot of fun to fiddle about with the maths. However, on the other hand society will be in complete meltdown so not something to look forward to really, have fun out there
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out