Gold's $4500 Kaleidoscope: Through the Fibonacci Lens
This Fibonacci Clustering in Gold (XAU) is a sight to see. Unbelievably, this schematic tracks how gold crashed a whopping 70 Percent to its low in 1999... NOW it is on track to go up over 100 percent through my patterns shown numerically...
I. Fib Circle Base
-The journey begins with a Fib circle on gold's 3 month chart, formed with the base extension schematic for our projections.
II. Initial Fib Spikes
-We then incorporate significant tools that visualize the 70% drop from 1980 to 2000... movements that CREATE the Fibonacci circle, laying the groundwork for our next Fibonacci extensions.
III. Macro-Scale Spikes
-Adding a second pair of spikes on a macro scale validates our base schematic and contributes to further Fibonacci projections.
IV. Monthly Macro Spikes / Cup-and-Handle
-Finally, a micro time frame of III's pair of spikes and a bullish cup-and-handle formation strengthen our projection of gold's path to $4500.
Below I have linked my original gold schematic. Followed by my DXY Crash schematic.
I. Fib Circle Base
-The journey begins with a Fib circle on gold's 3 month chart, formed with the base extension schematic for our projections.
II. Initial Fib Spikes
-We then incorporate significant tools that visualize the 70% drop from 1980 to 2000... movements that CREATE the Fibonacci circle, laying the groundwork for our next Fibonacci extensions.
III. Macro-Scale Spikes
-Adding a second pair of spikes on a macro scale validates our base schematic and contributes to further Fibonacci projections.
IV. Monthly Macro Spikes / Cup-and-Handle
-Finally, a micro time frame of III's pair of spikes and a bullish cup-and-handle formation strengthen our projection of gold's path to $4500.
Below I have linked my original gold schematic. Followed by my DXY Crash schematic.
הערה
Here we have a dumbed down version of the (3 MONTH) schematic into a WEEKLY Schematic.
הערה
DAILY CURRENT BASE SCHEMATIC
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.