XAUUSD - Time to buy gold before incoming stock crash
Updated
With the economic reopening after covid-19 crisis, S&P 500 will rise to somewhere between 4,700 and 5,000 before falling 30 to 50% (previsions 2021-2024). I'm looking for a trigger event (black swan) like a big war associated to a big inflation.
It will be also an opportunity to buy cheap stocks for long term.
important indicator to follow: multpl.com/shiller-pe
It will be also an opportunity to buy cheap stocks for long term.
important indicator to follow: multpl.com/shiller-pe
Note
We can also see a double bottom and a breakout of the resistance trend line.
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