As shown on the chart. price action has formed a cup with the expectation
of a handle formation which would be a downward retracement of 50% of
the cup's height ( or about a 0.5 fib level retracement ) then expecting a
reversal to a target of 2X the cup's height from its base and the same as
a cup height above the cup's upper edge.
From an anticipated bounce off support to the first target is 20% with
additional targets at $ 41.74 and $44 for smaller portions of the greater
position. Multiple sources are projecting a gold and silver uptrend in anticipation
of an equities market downturn and further federal actions to fight inflation
and "bear" down on the equities market. Gold bugs pay attention !
of a handle formation which would be a downward retracement of 50% of
the cup's height ( or about a 0.5 fib level retracement ) then expecting a
reversal to a target of 2X the cup's height from its base and the same as
a cup height above the cup's upper edge.
From an anticipated bounce off support to the first target is 20% with
additional targets at $ 41.74 and $44 for smaller portions of the greater
position. Multiple sources are projecting a gold and silver uptrend in anticipation
of an equities market downturn and further federal actions to fight inflation
and "bear" down on the equities market. Gold bugs pay attention !
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。