faylee

Gold*****Long term analysis for next 10 years

faylee Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
The Grandcycle will possibly last till Y2029.
Then since Y2030,the new cycle start, hopefully will see the next bullish impulse.
So far we're still on a suppercycle of correction.
It's now possibly wave C started, from Y2018 to Y2022.
......
Still a long way to move.

BTW, it is well to be mentioned about the SHCOMP.
The China Stock market may have just ended a Grandcycle in Y2018 end, and we see the reversal above Daily timeframe. If it is in compliance with 10years' bullish cycle for stock market, the timetable will just match up with this analysis.

***ps: It's just my personal view, pure technique analysis, might be wrong, and not be suitable for trading. Hope you won't be mislead by the wrong analysis:)
Comment:
short term H&S target 1297
Comment:
i actually never thought of it would move up to 1400:p since Y2016 my 1st post on long term view for Gold. did you ever mentioned about 1400+, why?
Comment:
For those funny guys who always like to attack others' ideas hostilely, I won't waste any time to reply from now on. Take care of your own tradings!
Comment:
My short term tp for long positions was hit perfectly, when they're still shorting for target 1240, we've looked for a long opportunity to long:) Just trade smart.
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Our last long entry for Gold before FOMC,
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Our trade for shorts all hit tp finally.

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