Gold is going to crash until 2021
Updated
I am a believer that there will be a recession soon, it has to happen. And i have been watching and reading so many things about wealth starting to, or going to flow into gold, and other silver!...so i thought I will examine the chart because as all these articles say, precious metals are super cheap at the moment?
Well just at first glance simple Elliott waves to me show we are in an ABCDE of a prior ABC wave, and would be left with 1 more correction wave after this ABCDE, which would take us to 2021 - 22 before anything really happens. I have had previous thoughts when looking at the S&P 500 that it could mess around until 2021, but now i am kinda thinking this mud map here could really coincide with that market chart and play out...its only 2 years after all, and these markets move slow unlike BTC.
Anyway sorry to hurt any maximalist out there, as i am levelling in lower. Bye
Well just at first glance simple Elliott waves to me show we are in an ABCDE of a prior ABC wave, and would be left with 1 more correction wave after this ABCDE, which would take us to 2021 - 22 before anything really happens. I have had previous thoughts when looking at the S&P 500 that it could mess around until 2021, but now i am kinda thinking this mud map here could really coincide with that market chart and play out...its only 2 years after all, and these markets move slow unlike BTC.
Anyway sorry to hurt any maximalist out there, as i am levelling in lower. Bye
Note
Or the alternative...still a wait til 2019ish to pop up.tradingview.com/x/MaHJQWyY/https://www.tradingview.com/x/MaHJQWyY/
Note
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