Gold is about to breakout above $2k - Here we go

2023年2月1日

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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