Empire of dollar is crashing
Updated
In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path.
Chart pattern on weekly. I really like using higher time frames.
DXY ( U.S. Dollar Index)
Trade active
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$ 2100Note
We will see!Trade active
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Short term:No comment
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Medium-term:This market needs a correction (no new bad news!)
Wave c = 123.6% of wave a
Trade active
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Gold- updateNote
We will seeNote
Gold- energy never liesI am out
good luck
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Gold- Energy never liesNote
Gold- Update Target = $ 2200
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GoldNote
Gold- Wave C > 0.618 of Wave B Target = $ 2200
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GoldNote
GoldNote
Gold- they are scramblingNote
Gold Pump- Dump !This can only mean one thing:
This Is the End
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GoldPump- Dump
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Gold Pump-Dump!Did they run out of money?
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Gold - This Is the End2012 (-45%)
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Gold- Update-6.70%
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Gold- it's a trapNote
For Sale :)Note
Gold- Bidena neutral signal to the market
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Gold- UpdateNote
GoldNote
Gold- I am still in cash & will not buygood luck
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It's your last chanceNote
Gold- it could turn into a bloodbathNote
No reason to cutNote
Gold- Who drew this?Bull?
No!
The Federal Open Market Committee (FOMC)
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Who drew this?DXY (bullish) <-------> gold (Bullish) 👌 👏
Powell 👏 👏
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Gold- it could turn into a bloodbathUpdate
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Gold- no reason to cutFed:
DEC 13 2023 ---> three cuts coming in 2024
MAY 25 2024 ---> Fed probably won’t be delivering any interest rate cuts this summer
JUN 12 2024 ---> only one cut coming this year
For the same reason
no reason to cut
****
Gold rises with U.S rate cut optimism
A failed breakout = a bloodbath
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GoldNote
GoldNote
Expect a Fed rate cut in September ...Fed rate cuts could start in July ...
only one cut coming this year ...
Fed rate cuts, Fed rate cuts, Fed rate cuts ...
*****
The news is now positive
But
Why? :)
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Gold- History repeats itself again
$1 trillion crash
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Gold- History repeats itself2013 ---- > $1 trillion crash
2024 ---- > $ 1.5 trillion crash
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$ 1 000 000 000 000 crashNote
Gold- UpdateNote
Gold- UpdateNote
Gold-1.76%
the market doesn't react!
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Gold-A failed breakout = a bloodbath ;)
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Gold- BearishWave C > 161.8% of wave A
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Gold-Target 1 = $ 2407 (11 hours ago, Comment)
Target 2 = $ 2391
Target 3 = $ 2363
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Gold- Honesty is a very expensive giftYesterday you posted Gold long, today you say ----> short (the difference between me and you!)
(Warren Buffett) The first rule of an investment -----> Never Lose Money
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Gold- MACD (4h)----> extremely bearish :)Note
Gold- what is going on?Note
Gold-Target 1 = $ 2407 ;)
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Gold- UpdateNote
Target 2 = $ 2391Note
Revision 1 ;)Note
Gold- UpdateTarget 1 = $ 2407 (it did)
Target 2 = $ 2391
Target 3 = $ 2363
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Gold- UpdateNote
Gold- UpdateNote
Gold- Target 2 reached ;)Target 1 = $ 2407 (it did)
Target 2 = $ 2391 (it did)
Target 3 = $ 2363
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Gold- Jul 16, Comment:Update:
-4%
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Gold- watch outgood luck
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Gold- watch outNote
Gold- The bulls are strong but ...:)
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Gold- UpdateNote
Gold- we will see :)Note
Gold- Bear flagNote
Gold-phony waveNote
Gold- Sep 2011Note
goldNote
Gold- a false breakout (Bearish)Note
Gold - phony wavewe will see
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Gold- UpdateJul 18, Comment
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Gold- What comes next?Target 1 = $ 2333
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Gold- Update (Jul 21)Note
Gold- Target 3 reachedTarget 1 = $ 2407 (it did)
Target 2 = $ 2391 (it did)
Target 3 = $ 2363 (it did)
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Gold (4 hours ago) - Short ($ 2370)Target 1 = $ 2333
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Gold- UpdateNote
Gold- medium term (sell signal)Note
Gold- medium term ($ 2370, sell signal)Note
Gold- Jun 8, 2023, ( $ 1946 ----> $ 2445 )Fed seen holding rates steady in July
why?
here's why
yes
prices hit another record high
prices hit another record high
Gold:
I do me you do you, so, I will not even try to bother explaining your falsely ...
so long and goodbye
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Trader asked:"Does it mean to buy gold? I don't understand. Please help"
My reply:
a- a lot of technical traders will sell
b-What does "So Long" mean? a warm way to say farewell (so long = goodbye)
;)
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Jul 17, Comment:Gold- no reason to cut
Fed:
DEC 13 2023 ---> three cuts coming in 2024
MAY 25 2024 ---> Fed probably won’t be delivering any interest rate cuts this summer
JUN 12 2024 ---> only one cut coming this year
Gold- Fed Holds Interest Rates Unchanged
Unchanged
Unchanged
Unchanged :)))
you can not find a reason to try
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Jul 17, Comment: Gold- no reason to cutI was right
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:Dgood luck :)
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GoldFed rate-cut hopes = dead wood
But
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(what concerns me is ...)Note
Gold-a full-scale war = Democrats will lose the White House
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Goldthe answer is yes
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Gold- I see two possibilitiesNote
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Volatility S&P 500 Index+47%
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It's so dangerous to short Gold right nowIt's so dangerous to long Gold right now
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Trader asked:According to this drop, is 2600 or 2520 possible or has the drop started?
My reply:
There's no war yet
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GoldNote
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Golda-
b- Plan B (if there is a war)
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Gold- Biden says he hopes .... but "I don't know"***
I will be unavailable until Aug 9, 2024
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Gold (investors await Iran's response to ...)
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Gold- Platz der Republik is a square in Berlin
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Gold-
"Ukraine (US, Germany, European Union) enters new phase of war", we are all aware of this important fact!
This ain't good, this ain't good at all, this can only mean one thing:
Russia could use nuclear weapons
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Gold-
(July 12, 2024) The German government ...
(Aug 14, 2024) US government moves 10,000 Bitcoin
why they need cash "now" ...
This ain't good
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Gold- Target (Short-term) = $ 2450
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Gold- Short term: Bullish
Calculate the difference between 2 dates
July 31, 2024 (Killing of Ismail Haniyeh)
Aug 14, 2024
good luck
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Gold-
so what?!
He hasn't said "anything new" since December 2023 !!!
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Gold-update
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Gold ;)
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Gold- Aug 9, 2024, Ukraine's incursion into Russia
Update: Aug 30, 2024
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Gold- Fed rate-cut ... (Aug 30, 2024- the time has come)
See You on 18 September
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Gold- Update ($ 2566)
Short term (to be honest!) ----> technical analysis doesn't work
the reason technical analysis doesn't work
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Gold- (short term) News
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Gold- you see what you see ;)
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Gold- Update
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Gold- Update
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Gold- Update ;)
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Gold-
what I expected (Aug 4, 2024) :
what actually happened:
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Gold- You see what you want to see ;)
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Gold- Update
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