Pattern repeat itself 1980s (B) peak is equivalent to 2012 (B).
Bottom of the trend from 1982 (C) was repeated in 2015 (C).
D = D, E = E etc.
In the next few months, we will see sidewards then downturn movement (red lines on the plot).
A bull market for gold will begin around 2020/1.
In 1980 and 2012, the price of gold increased by ~7-8 times when compared to the initial prices.
If the scenario will repeat itself, XAUUSD will jump up to around 7-8k$ in 202X.
~100$ in 1976 then ~850$ in 1979, 260$ in 2001 then 1915 in 2011.
Hopefully, ~1100$ in 2019 then ~7-8k$ in 202X.
Please check this video: youtube.com/watch?v=42FwKWLrMsk
Bottom of the trend from 1982 (C) was repeated in 2015 (C).
D = D, E = E etc.
In the next few months, we will see sidewards then downturn movement (red lines on the plot).
A bull market for gold will begin around 2020/1.
In 1980 and 2012, the price of gold increased by ~7-8 times when compared to the initial prices.
If the scenario will repeat itself, XAUUSD will jump up to around 7-8k$ in 202X.
~100$ in 1976 then ~850$ in 1979, 260$ in 2001 then 1915 in 2011.
Hopefully, ~1100$ in 2019 then ~7-8k$ in 202X.
Please check this video: youtube.com/watch?v=42FwKWLrMsk
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.