Analyze using simple price action, with a head and shoulder pattern and clear bear market in regard with positive fundamentals pertaining the USD.
After the recent 1655 low, Gold started to consolidate with a downwards tendency. Today's FED could bring volatility and a new spike down. However, after this low, I expect a correction to the upside and a challenge of 1700. Also, looking at a monthly chart you can see that this is the 6th consecutive red month and Gold is in need of a meaningful correction and...
the indicated zones/levels are the most important to watch for imo . no one could know where the bottom would be unless he has the time travel machine . BTC bottom could jump from a level/zone to another according the the fed hawkishness and other macro events , this is why , predicting the bottom would be impossible . the blue channel acts very well for...