GOLD / The PV 1430

FX:XAUUSD   Gold / US-Dollar
Not a secret I have mentioned two PV big targets back in the day 1180 and 1430.

1180 came first when 1430 will be hit remains a secret.

But here is the thing, how big are the chances that 1430 can be hit because of these geopolitical tensions?

No questions asked that Gold is going for 1348 and 1378.
But when these are reached, what's left to reach 1430? " Couple " Measly dollars! For Gold it is nothing.
One rocketman missile launch at that point and we are there!

That being said! I am not saying buy the hell out of it bcoz we are going to 1430 finally!
I am just saying, I think the catalyst for this PV to be met will be the fundamental mess!

Please post your opinion, will be appreciated!
Long-term yearly timeframe. 1,3,12 year MAs all aligned, price has bounced off the long-term 12 yearly average for the last 3 years, the last 2 years particularly strongly. fibs also at c.1088 from 2001 to 2010 resuming the long-term bullish trend since 2001. When RSI 9 broke through 70 on the last run up it lasted 8 years above 70 from 2004 - 2011 before falling below it in 2012. RSI 9 currently at 63.82 and rising. Now the question you need to ask yourself is - does history in the markets tend to repeat itself? that all depends on whether you think human nature changes. All technical analysis depicts the collective emotions of participants in a market at a particular time. I take the view that human nature never changes, never has and never will.

The quarterly RSI has also just passed over its own MA for the first time since the last run-up April 2001, this time it passed over it in July 2017, think long-term forget the short-term. Have fun all.
I agree with you! Actually , I was very sure for gold to break 1300. I had an entry last night at 1292 and boom! I made 5k over night!
Inflation, not rocket man, will be the catalyst B.
please keep posting more analysis... it helps me learn... and i hope to be good like you one day...
TheZabisyu bevawodj
@bevawodj, I keep posting for next 100 years minimum, no worries!
Hi! Thanks for the analysis!
TheZabisyu suyiwiceyucoyi
@suyiwiceyucoyi, thumbs up
thanks for the analysis!
TheZabisyu tewetefaq
@tewetefaq, welcome
Good old PW targets, I´ve been missing this posts:)
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden