We reached target #2 on the daily chart. This year we should reach the weekly targets. On the daily chart it may push higher but it time for a correction.
This is the chart that gives support to long gold ,silver,euro, oil and other commodities. Expect tops for those markers in 2022 to 2025. Stocks will not return much only game in town will be commodities for a while.
Once the chanel breaks the bond bull will end and the 2 possible move out of the channel and the area where the the rates could run to and then correct back.
Long gold , shorter term targets #3 and 2 longer term targets.
Shorter term from my longer term gold chart. Got 2 targets. Everyone is looking at the bearish wedge, if everyone is looking the big boys will trap the bears.
Bitcoin's bubble had popped sorry to say. When ever Wall Street get involved that THE END.
The second will be confirmed once macd crosses for the bulls.
Weekly chart , 1st target is the pierce of the top of BB and then buy or add when the price corrects to the mid line and then to target #2. Also look for the cross of the macd to confirm a move to target #2.
Long term gold is a buy , may go sideways till end of the year.