๐จ Gold Price Crash Incoming? From $3187โ3190 to $2100 in 2โ3 Years! ๐จ
Gold has hit a historical resistance zone at $3187โ3190, possibly marking the top of a long-term cycle. A major correction could be underway.
Why a Drop to $2100 Is Possible:
๐ Fed Shift Ahead โ Lower inflation and steady growth may lead to rate cuts, pushing bond yields up and gold down.
๐ Geopolitical Calm โ Less fear, more risk appetite. Investors may rotate funds back into stocks and crypto.
๐ Technical Breakdown โ A distribution top is forming. A break below $2850 opens the path to $2100โ2200, a key Fibonacci level.
๐ฐ Overvalued Gold โ Price surge driven by speculation, not physical demand. Once ETFs start selling, momentum could flip fast.
โณ Long-Term Target: $2100โ$2200
๐ Timeline: 24โ36 months
โ ๏ธ Action: Hedge or prepare for a rare buying opportunity if gold crashes.
Gold has hit a historical resistance zone at $3187โ3190, possibly marking the top of a long-term cycle. A major correction could be underway.
Why a Drop to $2100 Is Possible:
๐ Fed Shift Ahead โ Lower inflation and steady growth may lead to rate cuts, pushing bond yields up and gold down.
๐ Geopolitical Calm โ Less fear, more risk appetite. Investors may rotate funds back into stocks and crypto.
๐ Technical Breakdown โ A distribution top is forming. A break below $2850 opens the path to $2100โ2200, a key Fibonacci level.
๐ฐ Overvalued Gold โ Price surge driven by speculation, not physical demand. Once ETFs start selling, momentum could flip fast.
โณ Long-Term Target: $2100โ$2200
๐ Timeline: 24โ36 months
โ ๏ธ Action: Hedge or prepare for a rare buying opportunity if gold crashes.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.