CFDs on Gold (US$ / OZ)
Short
Updated

Gold topping out

371
Gold is approaching a temporary peak, with a reversal around the corner. I believe it should top out around 1950, to make it seem like an inverted Head and Shoulders, and then break down the right shoulder.


The main support is at 1550, however we can have a wick all the way down to 1430. Timeline for the bottom - early 2022.

-Hawk
Note
Crash is moving as planned. Expecting some consolidation, before an even bigger crash to those supports.

snapshot

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