The Fed and US economic data will likely prompt s big move in Gold/Silver over the next 36+ months.
My read on the data is that we are starting a price cycle that is similar to 2002~2005 again.
Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011.
If that happens again from the $1700 support level, we may see Gold reach levels above $11,000 by 2027~28.
This is NOT the same market condition as 2019~2022.
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My read on the data is that we are starting a price cycle that is similar to 2002~2005 again.
Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011.
If that happens again from the $1700 support level, we may see Gold reach levels above $11,000 by 2027~28.
This is NOT the same market condition as 2019~2022.
Follow my research
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-- Special TradingView Tools
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-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
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-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.