GOLD

Measured move,
Basing from 2014 to 2019.
Fibonacci extension from the 19' low to covid run gives a measured target of roughly $2500 USD

also bullish flag pattern has the same target.

Once of the strongest looking sectors IMO.

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Gold has pulled back, but I think its just climbing a wall of worry.
The fundamental thesis behind it have never been stronger.

ความคิดเห็น:

Pulling back to 200 WMA
still just backtesting on that bullish flag.
DXY still rallying.

ความคิดเห็น:

DXY pulled back.
Pulled back to 200 WMA ?

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Gold having a good run, macro backdrop is turning in golds favour,
my largest and highest conviction thesis.