Gold attempting to BREAKOUT of its second BIGGEST yearly defined base versus SPX.
Possible analog roadmaps with price & time targets.
8000$ in 2034
12000$ in 2033
21000$ in 2030
Overshoot on smaller time frames not included.
#gold #xauusd #spx #fintwit #inflation #recession
Possible analog roadmaps with price & time targets.
8000$ in 2034
12000$ in 2033
21000$ in 2030
Overshoot on smaller time frames not included.
#gold #xauusd #spx #fintwit #inflation #recession
A couple of key observations.
You can't even see #gold's 2020 rally vs #spx, simply a wick, with a yearly close back below 0.50.
Also, note those extremely fast moves out of the gate, once yearly breakout is confirmed.
You can't even see #gold's 2020 rally vs #spx, simply a wick, with a yearly close back below 0.50.
Also, note those extremely fast moves out of the gate, once yearly breakout is confirmed.
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