Gold has a tendency to display high volatility within certain areas that are a function of price and time.
The chart is made by only 2 points: The top and the first intermediate bottom.
Our current position show that we are on the outer band of a circle. Looking back at 2013, there were a significant volatility when entering the circle, dropping fiercly. The next circle provided us access to above the neutral line. Entering the third circle, where we are now, provided us a significant rally upwards where the bear market is said to be replaced by a bullmarket by some. What will the final outcome of this circle be as we approach the end?
A guessing or analytical competition for the last week in the current circle is welcomed.
The chart is made by only 2 points: The top and the first intermediate bottom.
Our current position show that we are on the outer band of a circle. Looking back at 2013, there were a significant volatility when entering the circle, dropping fiercly. The next circle provided us access to above the neutral line. Entering the third circle, where we are now, provided us a significant rally upwards where the bear market is said to be replaced by a bullmarket by some. What will the final outcome of this circle be as we approach the end?
A guessing or analytical competition for the last week in the current circle is welcomed.