XAUUSD Fractal Analysis

Hey guys,

So this time i'm gonna give it a try on #XAUUSD long term (as you may see) analysis. Since i love #fractals and the curious way they repeat among time, i share with you what i have been analyzing. I've been using Fibonacci retrace and cycle indicators. There is not older data to see the real picture but since fractals usually tend to go smaller and smaller until it ends, maybe the little fractal i have seen could be the one.

This is the first time i share a #chart analysis that is not a #crypto, but wont be the last. I have a lot of designs of many companies (big ones) that i would be uploading to share with you.

This first image is a 2 month chart time frame, but every time i can i will try to keep the track in less time to see if follows this road. At this point there's a possible Head and Shoulder formation so be alert!

Hope you find it interesting and you are as usual welcome to comment.

As usual, don't forget to check my instagram:

instagram.com/charter_x_/

Peace out!

Charter X

Note

Hello again,

Well, it has been exhausting but finally after a couple of months of analysis i managed to make a complete road map for #XAUUSD.

I have to say, that it is the most complete fractal analysis i have ever done, and that's why i did not wanted to post before until i was complete sure that i was doing things right. it is an important matter so, why not giving it the right and deserved time as needed?

So, after the study and after the actual social economic and political situation that we are living these days, i must say it finally all have sense to me and the chart itself.

Let's remember that in the fractal study, the human behavior and the result of it have huge impact in graphics, and since as human we act every time in a while the same way, we are in constant cycles.

So, I present to you the fractal and road map of Gold.

These same fractal is happening in #BTC, it already did at 4hs chart (the same fractal you see in gold in charts of 1980). But it already had its momentum, so #BTC is now facing the entrance of fall, just the same time im writing these.

So, for now, there's not much to say but that the next years #XAUUSD will keep growing until getting to the beginning of Grey zone of Fibonacci Retracement. It will fall a little bit and then try to get to half of Grey zone an start the falling that would last one or two decades before a new cycle starts again.

Ill keep updating as long as i live to see how far i get right with these theory, and not sure if i'm going to live long enough to see the start of a new cycle, but something it's for sure, and that's that ill keep drawing and sharing these with all you people. That's going to be my legacy for society ;)

Hope you find these helpful and interesting. Till next time!

Cheers!

Charter X

CharterX

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