Gold Spot / U.S. Dollar
Updated

Gold Market Enters Chaotic State

134
The Gold market was operating in-sync with Elliott wave ideology until January 2020.

The elliptical area appears chaotic; either the paper market is breaking or an entirely new price range is required for fiat equilibrium.

Note
Note: Since the paper market is chaotic; it cannot be traded: even though the indicators are bullish on all timeframes it is unwise to trade a chaotic sub-system.

You should buy the physical metal.

Best,

Putrid

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