Gold (XAU/USD) Bearish Divergence on Yearly, Monthly and Weekly
As you can see there is a bearish divergence on the chart, price making higher highs and rsi making lower highs. The bear will be looking to strike at the highs.
This guy down there has been waiting 24 years for a size-able dump, maybe he will get one. This could be a bubble, like everything else. Dot com bubble? How about a little Gold bubble of 2024-2025?
Then ofcourse, Golden ratio will be exact bottom and pump it CRYPTO STYLE to 4k+
This is a really out there prediction, and very hard to happen in reality, but hey! If it happens, it happens.
This guy down there has been waiting 24 years for a size-able dump, maybe he will get one. This could be a bubble, like everything else. Dot com bubble? How about a little Gold bubble of 2024-2025?
Then ofcourse, Golden ratio will be exact bottom and pump it CRYPTO STYLE to 4k+
This is a really out there prediction, and very hard to happen in reality, but hey! If it happens, it happens.
Note
Forget about all that, dxy bearish on yearly, gold is going to 10k+ no correction.Note
Back on track. We have reached the 1 on our fib. We do not fomo. We do not forgive, we do not forget. We short the top and then we long the bottom.
See you at 800 bucks!
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