Gold Spot / U.S. Dollar
Long
Updated

Gold (XAU/USD) - Analysis, Please DYOR.

Opinions are my own - This is not investment advice.

Reasons:

- Exuberant Hyperinflation
- Unsustainable U.S. Economic Bubble (DOW JONES)
- Excessive printing of USD by the FED (pumped into stock market)
- Lowest interest rates of all time
- Increasing War Tensions
- Gold price trend similar to the beginning of a bubble
- Western Panic (Stores selling out of stock worldwide)
- Largest investors in the world already bought (George Soros, Stanley Druckenmiller):
americanbullion.com/the-5-most-influential-gold-investors-in-the-world/

Countless other signs.

"News and events shall always arrive to justify the forecast."
Note
Sell updated to between 4K - 4.4K based on fibonacci (safe-area).
Note
Sell updated to between 4K - 4.2K based on fibonacci levels (safe-area).
Note
Major bullish uptrend is confirmed, price will continue to climb.
First sell point 2.8K - 3K (halfway fib), price will determine the 2nd.

Disclaimer