Could it be?I'm maybe not a pro like most people here, but I atleast can make some estimation based on history! If I'm right, and history repeat it selves, well I hope for some people they filled their bags with fucking BITCOIN!
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More simple as this it will not get! I have one word for gold = SHORT!
It would suprise me if gold goes to a 100k before testing support.
Gold - Be alert If you're not careful, your government can confiscate your gold. Moreover, it can probably do so without compensating you. The United States, British, Australian, and many more governments have all done this within the last 100 years. So the clear answer to you all, can the government confiscate you
BTC in Kilos of Gold - Extreme Bull favored over Bearish BullI favor the green projection because $BTC already bounced up 15% from our backtest to 1/2 kilo of Gold. Hoping to hit 10 kilos in 1 year timeframe!
Bitcoin as seen in Gold (kilo)Magnificent market structure, bounce on last ATH
Rectangles are just there for fun, yet many types of fundamental analysis project prices in the 6 digits and the rectangles may end up being kinda accurate..
Was drawn in a minute and is clearly not advise of any type.
BuyAs you can see in the picture XAUUSD currently can go for bullish. but it is near the upper band of the channel so it is too risky for entry.
So, we can wait for entrancement to bellow support and if price action and candlestick pattern confirm we can go for buy with lower risk and better risk-rewar
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