Today on the radar, Barrick Gold Barrick Gold has attracted some attention as major investors, including recently the notable Stanley Druckenmiller, have taken significant positions. With these influential players entering the fray, while the gold market experiencing remarkable momentum, the question emerges: Is this the right moment to buy? Well, let's dive on...
Using the BLX chart on the 2 days to show Bitcoin as a scenario 2 possibility for Bitcoin reaching this $330k value by April instead of the end of year 2025. there are certain parameters used to make this assertion. On the first bear market of 2014 from the bottom to the next higher low was about 220 days and then the bull started for the next cycle. The next was...
We've probably reached the bottom on the 17'600 wick or have come very close to it. My proprietary risk metric allows for a minimum daily close of 16'400$, which we will potentially reach on a spring event in case this wyckoff accumulation plays out. Previously:
Could we see the DXY target this curve metric all the way to $119? I am using a fractal as a visual for this possibility. This target has great resistance back in 2001 and 2002 as the DXY peaked several times. Interesting to see if we will respect this curved arch all the way through. This arch is parabolic till October 2022 if it respects the metrics.
Here are some of my ideas. I created new metric system with copy and paste trend line lmao. This analyze just for fun but it might be correct who knows :D
16.5k - 23.5k implied price floor. Likely to occur by correlation and panic selling as a consequence of the incoming global stock market crash triggered by Evergrande's default on its bonds.