Projection for gold for possible news feed.
The gold price surged at the beginning 2008 crisis, and the correction started in 2011 (when most US stocks started to rally) until 2015.
A small but similar move was seen in COVID-19 when the gold spot price started a mini rally.
As you can see from the chart, I have an expectation of a similar move. In this chart, Multiple Harmonic ABCD is also my helper in the synthesis of my Wyckoff market cycle for gold
(All "D" points actually show my UTAD idea for gold - this is not the case for now). Most incoming news feeds can be readable from the technical analysis of charts. Cheers.
A small but similar move was seen in COVID-19 when the gold spot price started a mini rally.
As you can see from the chart, I have an expectation of a similar move. In this chart, Multiple Harmonic ABCD is also my helper in the synthesis of my Wyckoff market cycle for gold
(All "D" points actually show my UTAD idea for gold - this is not the case for now). Most incoming news feeds can be readable from the technical analysis of charts. Cheers.