Gold magic 50er fibonacci
Let's look at gold
We see that we filmed the magical 50% fibonacci in the weekly chart at the end of 2015 and since then have shown a mini trend.
higher lows consistent highs tapers to a triangle.
At some point gold will have to decide if it has enough power to break through or if there is a sell-off.
I speculate that we are on the bullish side and will break through 1365.
Gold is in desperate times and when you look at the Dow parallel, i am very sure that we will see beautiful developments in gold.
enjoy the way
logindaten
We see that we filmed the magical 50% fibonacci in the weekly chart at the end of 2015 and since then have shown a mini trend.
higher lows consistent highs tapers to a triangle.
At some point gold will have to decide if it has enough power to break through or if there is a sell-off.
I speculate that we are on the bullish side and will break through 1365.
Gold is in desperate times and when you look at the Dow parallel, i am very sure that we will see beautiful developments in gold.
enjoy the way
logindaten
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