GOLD dump fractal 2024/2023/2022 TP 1800 USD

2024年2月14日

🔸Hello guys , today let's review daily price chart for gold. All previous setups
that I've posted already hit TP, congrats if you followed.

🔸DUMP fractal in progress, it's the same distribution/dump fractal that
resulted in heavy corrections in 2022/2023. On the left we got the current
price fractal, on the right past dump fractals from 2022/2023.

🔸Based on previous corrections, we can expect 10-18% correction in gold
prices from the top (topped out near 2075 usd). Expecting more weakness
over next months, until we complete the dump sequence.

🔸Conservative target is 1800 USD, which is a 12% correction off the highs.
Aggressive target is 1700 USD, which will require a more steep correction in
gold prices. However, I'm expecting prices to stall / reverse near 1800 USD.

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2024年2月14日

註釋

distribution fractal is complete now