To calculate the future. Unfortunately, there is no better tool.
We need engineering tools and a 3D environment for accurate calculations.
So with the same limited and incomplete tools. We have to continue.
Important levels are clearly visible.
There is only one way for oil. Only increase and increase.
Gold is getting ready for an impulsive rally.
The rally is expected to take up to 4 years, at the end of which it should reach $7000, a mark ti Joe Biden Farewell.
Do not expect me to speculate on the fundamentals of this forecast, or the vehicle which drives it, as I don’t have any idea.
I believe the world is living in a similar Economic situation as 1970’s,...
Using the dimensions of the pyramid, we arrive at the following results .
1- Gold is at the highest level for the next 4 years (1277)
2- At least 3 years in the future. Gold is down .
3- Gold falls to 61% Fibonacci level .
4. The best range for buying gold. 800 will be .
Bitcoin collapsed and it was quite normal .
The latest support is at level 1790 .
But the resistance is now at 5660 .
So we are waiting 5660 for sale. Of course I'm not hoping .
But I'm sure that by mid-December. Under 2,000 .
Maybe for the next ten years. Gold can not go to the level of 1366 .
According to gann law. Gold will reach 1140 by the end of this year .
Of course This fall continues to 660. Over the next few years .
This week is the most important week of the year .
And most trends will change .
This week we expect the gold to leave the 1300 channel .
I hope to see the level of 1100 by the end of the year .