Gold looks wild
In my analysis I included, priceranges in percentage.
From previous low to highs with a trendchange, was about 25+ percent.
The upcoming price-correction will dump hard I believe, since it did not correct since 1980sh$
Also my analysis includes previous respected trendline and fib.-levels + price-targets.
We are pretty much over extended so far considering it was done in just a few months/weeks.
Several overlapping targetlevels in the small frames indicate to me a dump soon.
Gold have strong believed to bring safe haven for so many, but we all know that buy-momentum at ATH can not be healthy and big players want to take profit and they will do it all together at once I believe, or else they risk loss for their investment considering the high pricelevel they went into
From previous low to highs with a trendchange, was about 25+ percent.
The upcoming price-correction will dump hard I believe, since it did not correct since 1980sh$
Also my analysis includes previous respected trendline and fib.-levels + price-targets.
We are pretty much over extended so far considering it was done in just a few months/weeks.
Several overlapping targetlevels in the small frames indicate to me a dump soon.
Gold have strong believed to bring safe haven for so many, but we all know that buy-momentum at ATH can not be healthy and big players want to take profit and they will do it all together at once I believe, or else they risk loss for their investment considering the high pricelevel they went into
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