Hello, We have a lot of factors to push price of WHEAT to next level. 1. Drought in USA (2023). It can affected results of harvest in this year. 2. War in Ukraine and "super danger" aggressions from Russia (both economics will be damaged - for agriculture). 3. Also we are expecting that the Price of Oil (Brand) will grow up from 85$ to 115$ (November...
Based on the current situation with global economic private investors want to go in classis save capital. Gold is protection tool for all financial crises. We are expecting that a price should down to 1800$ (wave 4 )and back to 2100$ (wave 5). Keep you eyes and look on results of SP500 in 1Q 23. Possible we can get Gold for 3000$ at the end of 4Q 23
We have divergence RSI and after next fly we have to go to the moon :)
With the S&P 500 above 4,000 the ‘Buffett Indicator’ is wildly out of whack