quite hard to see the next target from fibo
but
1. there only 1 fibo target 2093, alot see 2085-2088 as strong resistance
2. alot fibo see
- 212X zone as next resistance
- 217X as next resistance
- 2058-2064 as next support
3. im conviced that 2200-2220 as top price for now
problem:
1. I cannot use my old technique using WMA 20 and WMA 55 to define supply demand,
but I can tell u the 2071 and 2060 very strong support
home work:
1. learn more about fibo for 2200$++ target
commodity super cycle in year 2030 predictic hit 5000$ gold (inflation baby!!!)
2. learn about the next fake signal / bull trap/ reversal signal
3. learn about overbought (this bullish trend) expectation which around 212X or 217x or 220X$
but
1. there only 1 fibo target 2093, alot see 2085-2088 as strong resistance
2. alot fibo see
- 212X zone as next resistance
- 217X as next resistance
- 2058-2064 as next support
3. im conviced that 2200-2220 as top price for now
problem:
1. I cannot use my old technique using WMA 20 and WMA 55 to define supply demand,
but I can tell u the 2071 and 2060 very strong support
home work:
1. learn more about fibo for 2200$++ target
commodity super cycle in year 2030 predictic hit 5000$ gold (inflation baby!!!)
2. learn about the next fake signal / bull trap/ reversal signal
3. learn about overbought (this bullish trend) expectation which around 212X or 217x or 220X$
Comment:
extra random chart in case you dont think this is bullish trend
