2 Sided Scenario XAU/USD
Based on fundemntal analysis, along side the current economic crisis, I am following the secondary scenario. Which sees gold into the 1700s before LIKELY NEVER RETURNING. what this means is yes gold is going to become bullish. As of now we are still squarely in the bearish Channels. The impulse to 1917 will soon be corrected, and the cherry will continue downward. Scenario 1 calls for gold to reverse after reaching the first liquidation zone. (Green lines) these scenario will be identical until liquidation is reached. After we should see an impulse upward followed by a deeper dive. This is in the neighborhood of the 1832 past price action. If this scenario is confirmed you will see a reversal 1815-1832-1841. If it continued upward that confirms scenario 1. If it impulses upward and continues down (most likely) it will confirm the 2nd scenario (red lines)
I have to ask myself. “WHAT WOULD A THIEF DO”
All the banks are unfortunately are the best thieves on the planet. The thief would push the price down to an unthinkable zone (yet completely valid by chart fundementals, and past price action. Unfortunately every chart is in a constant state of manipulation. Easily persuading you to put your money on the manipulated side of the market (costing you heavily)
Don’t fall for the manipulations AND DONT GET IN TOO SOON. Democrats fight the price of gold pumping the USD. The next president should show us some answers.
As always may the force be with you all
I have to ask myself. “WHAT WOULD A THIEF DO”
All the banks are unfortunately are the best thieves on the planet. The thief would push the price down to an unthinkable zone (yet completely valid by chart fundementals, and past price action. Unfortunately every chart is in a constant state of manipulation. Easily persuading you to put your money on the manipulated side of the market (costing you heavily)
Don’t fall for the manipulations AND DONT GET IN TOO SOON. Democrats fight the price of gold pumping the USD. The next president should show us some answers.
As always may the force be with you all
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