CURRENT GOLD CYCLE (UPDATE)ðð―
2017 - 2021: Market made its first impulse wave. Created a new ATH (all time high) at $2,074.
2022 - 2023: Long term correction & accumulation for buy orders. Also, market trapped late buyers at the top, who got in during the end of Covid. Liquidated them during the correction.
2024 = New all time highâs for the market.
Markets move in cycles. Never a straight line. Those who fail to understand cycles & want quick profits, will fail even quickerð
2022 - 2023: Long term correction & accumulation for buy orders. Also, market trapped late buyers at the top, who got in during the end of Covid. Liquidated them during the correction.
2024 = New all time highâs for the market.
Markets move in cycles. Never a straight line. Those who fail to understand cycles & want quick profits, will fail even quickerð
