In my analysis in part 1, I predict that prices are expected to be up to February or March 2020, and the sell-off seems to have taken place at the end of last week. In my analysis in part 2, I also predict that The Continuation Of Bull Market will be invalid if prices move below $1455 Low November 2019, in June 2020.
WOULD GOLD STILL SHINE IN THE COMING MONTHS ? If I look at this chart approach (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/9/94IICO1R.png) and delete all the information and replace the pink line # 1 into the green line # 6 (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/2/2xK7rgDj.png), then I still have the view that the bull market continuation is still under construction.
From my main chart approach above and this chart approach (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/w/wWA1WyHn.png), week of March 16, 2020 (plus minus 1 week) is the deciding week. Because once the bull can move back above $1611 Jan 2020 High, then the increase will continue again until April 2020.
Would the bull be able to maintain this bullish construction, while the next few weeks they are faced with some fundamental news ?. Let's Look Carefully
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