Price has been advancing along well defined levels of Phi.
The 2015 low was on 1046.54, the recent active low was at 1617
The two price points divided by a scale of (1/1000) will give us 1.047 and 1.617 respectively.
Then we can have a 2.618 projection ending at the 2618 price level with extension into 2747
Trade safe, good luck
The 2015 low was on 1046.54, the recent active low was at 1617
The two price points divided by a scale of (1/1000) will give us 1.047 and 1.617 respectively.
Then we can have a 2.618 projection ending at the 2618 price level with extension into 2747
Trade safe, good luck
Note
Price topping out soon, expected to finish off the 2748 price level along a time axis the align in October. Given that gold cycles mainly align with August/September or March/April points we expect price topping out between a time from October 2024 to April 2025.Trade safe.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.