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26/03/23

06:05

Post #: 66961402
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Originally posted by Pointyfigures: ↑

This is one for those with selective memories. You know who you are.
The prediction period is 18 weeks. Target hit in week 13 therefore closer to the midpoint than either end.
Might be a bit of consolidation while trying to break above and maintain US$2k.
The target will be reset with a lower low. Might not (nor am I expecting) a reset in the current run but if gold does pull back, the reset (and re-entry) price is A$2,864. Currency moves could play a large part as support for the USD begins at $1. The gold price is decoupling from USD moves.
Sentiment has heaps of room to move and rising at a nice steady rate.

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Gold 'expert' Pointyfigures leads his gullible admirers up the garden path...again.

Lower highs and lower lows, about as bad as it gets.
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0 Great analysis

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