LuckyTrader102

Gold in next 2-10 years

LuckyTrader102 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Global economy is at the point of recession. Many countries have subsidized policies such as loans and may be non-refundable.

Experts predict the global economy is likely to get worse, and often real estate and manufacturing companies will take the lead. Especially the next housing bubble group companies will be aviation.

In 2008, before the Great Depression every 10 years. At that time, gold price has doubled since 2006 with the price of 500 USD to the peak of 1000USD and then dropped to 700. With the proportion of 1: 2: 0.67

Returning to the present from 2018 to the present, the price of gold has increased by 600usd. If the countries do not overcome this crisis, history will probably repeat. Gold prices will peak near the level of 2000usd. then dropped to 1600 then increased continuously in the following years to 2700 usd in the late 2020s

Previously, it could return to test support level of 1450usd.

Above are my predictions of the repetition of the past as a reference.
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because gold's data is not synchronized on 2 chart types. So I'm wondering if wave 5 has ended or not.

What do you think of?
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