No question in my mind we may see a formation of a double top before it enters the bear market.
Of course, no one can predict future prices of gold in the 6 months to 5 year period. But speculation is what drivers the market.
My personal argument for this move would be the formation of a double top, and the seemingly rising inflation may have its course on...
Today my friends, I provide you with a COMPREHENSIVE, irrefutable TA of GME future price prediction.
I am a veteran Chartist here at the Tradingview community. I have street cred and I believe astrology is the cure for everything and the answer to the unanswered.
TA: As we can see, the price direction of GME is at the phase of a moon formation.
Thank you.
Usd/jpy may see a short term upside momentum to 107.800
If it fails to break above that price we could see a drop down to 106.000 following the bearish trend.
If there is a break out above 108.000, next target is at 109.000
A clear formation of a Double top with a confirmation of volume confirms my bias that the bull run is may finally be over and it is now time for a reversal in trend. With the next support at 14.95
