A clear sign of a Falling Wedge! Gold is on track

17 באפר׳ 2020

If gold really wanted to dip to 1,600$ it would of been sooner because of Thursday’s reopening and positive drug news. But 1 thing we need to know is that numbers don’t lie! Unemployment is a major booster to gold and a falling economy. The market is being pumped by top 1% and federal reserve as more money is being printed and loans are being throw everywhere like beads in a parade. We can clearly see a falling wedge being made here in JNUG and will surely surprise bears when the reversal happens towards the end of next week maybe Monday 27th. This was obviously a sell of for gold and miners, but long run speaking profits should be looking good. If you have any contracts that expire soon your pretty much on a high danger zone as the reversal won’t be happening in a day or two. A month long call up to a 3 month call should make nasty money if bought between today and next Tuesday as they should be at cheap cheap prices. Also, if you see the moving average or
Williams alligator indicated you will know that long-term Speaking as in 2 to 4 months gold should be 1,900$ pretty soon before August