Empire of dollar is crashing
In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path.
Chart pattern on weekly. I really like using higher time frames.
DXY ( U.S. Dollar Index)
交易進行
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$ 2100註釋
We will see!交易進行
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Short term:No comment
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Medium-term:This market needs a correction (no new bad news!)
Wave c = 123.6% of wave a
交易進行
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Gold- update註釋
We will see註釋
Gold- energy never liesI am out
good luck
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Gold- Energy never lies註釋
Gold- Update Target = $ 2200
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Gold註釋
Gold- Wave C > 0.618 of Wave B Target = $ 2200
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Gold註釋
Gold註釋
Gold- they are scrambling註釋
Gold Pump- Dump !This can only mean one thing:
This Is the End
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GoldPump- Dump
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Gold Pump-Dump!Did they run out of money?
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Gold - This Is the End2012 (-45%)
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Gold- Update-6.70%
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Gold- it's a trap註釋
For Sale :)註釋
Gold- Bidena neutral signal to the market
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Gold- Update註釋
Gold註釋
Gold- I am still in cash & will not buygood luck
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It's your last chance註釋
Gold- it could turn into a bloodbath註釋
No reason to cut註釋
Gold- Who drew this?Bull?
No!
The Federal Open Market Committee (FOMC)
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Who drew this?DXY (bullish) <-------> gold (Bullish) 👌 👏
Powell 👏 👏
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Gold- it could turn into a bloodbathUpdate
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Gold- no reason to cutFed:
DEC 13 2023 ---> three cuts coming in 2024
MAY 25 2024 ---> Fed probably won’t be delivering any interest rate cuts this summer
JUN 12 2024 ---> only one cut coming this year
For the same reason
no reason to cut
****
Gold rises with U.S rate cut optimism
A failed breakout = a bloodbath
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Gold註釋
Gold註釋
Expect a Fed rate cut in September ...Fed rate cuts could start in July ...
only one cut coming this year ...
Fed rate cuts, Fed rate cuts, Fed rate cuts ...
*****
The news is now positive
But
Why? :)
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Gold- History repeats itself again
$1 trillion crash
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Gold- History repeats itself2013 ---- > $1 trillion crash
2024 ---- > $ 1.5 trillion crash
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$ 1 000 000 000 000 crash註釋
Gold- Update註釋
Gold- Update註釋
Gold-1.76%
the market doesn't react!
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Gold-A failed breakout = a bloodbath ;)
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Gold- BearishWave C > 161.8% of wave A
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Gold-Target 1 = $ 2407 (11 hours ago, Comment)
Target 2 = $ 2391
Target 3 = $ 2363
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Gold- Honesty is a very expensive giftYesterday you posted Gold long, today you say ----> short (the difference between me and you!)
(Warren Buffett) The first rule of an investment -----> Never Lose Money
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Gold- MACD (4h)----> extremely bearish :)註釋
Gold- what is going on?註釋
Gold-Target 1 = $ 2407 ;)
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Gold- Update註釋
Target 2 = $ 2391註釋
Revision 1 ;)註釋
Gold- UpdateTarget 1 = $ 2407 (it did)
Target 2 = $ 2391
Target 3 = $ 2363
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Gold- Update註釋
Gold- Update註釋
Gold- Target 2 reached ;)Target 1 = $ 2407 (it did)
Target 2 = $ 2391 (it did)
Target 3 = $ 2363
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Gold- Jul 16, Comment:Update:
-4%
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Gold- watch outgood luck
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Gold- watch out註釋
Gold- The bulls are strong but ...:)
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Gold- Update註釋
Gold- we will see :)註釋
Gold- Bear flag註釋
Gold-phony wave註釋
Gold- Sep 2011註釋
gold註釋
Gold- a false breakout (Bearish)註釋
Gold - phony wavewe will see
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Gold- UpdateJul 18, Comment
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Gold- What comes next?Target 1 = $ 2333
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Gold- Update (Jul 21)註釋
Gold- Target 3 reachedTarget 1 = $ 2407 (it did)
Target 2 = $ 2391 (it did)
Target 3 = $ 2363 (it did)
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Gold (4 hours ago) - Short ($ 2370)Target 1 = $ 2333
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Gold- Update註釋
Gold- medium term (sell signal)註釋
Gold- medium term ($ 2370, sell signal)註釋
Gold- Jun 8, 2023, ( $ 1946 ----> $ 2445 )Fed seen holding rates steady in July
why?
here's why
yes
prices hit another record high
prices hit another record high
Gold:
I do me you do you, so, I will not even try to bother explaining your falsely ...
so long and goodbye
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Trader asked:"Does it mean to buy gold? I don't understand. Please help"
My reply:
a- a lot of technical traders will sell
b-What does "So Long" mean? a warm way to say farewell (so long = goodbye)
;)
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Jul 17, Comment:Gold- no reason to cut
Fed:
DEC 13 2023 ---> three cuts coming in 2024
MAY 25 2024 ---> Fed probably won’t be delivering any interest rate cuts this summer
JUN 12 2024 ---> only one cut coming this year
Gold- Fed Holds Interest Rates Unchanged
Unchanged
Unchanged
Unchanged :)))
you can not find a reason to try
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Jul 17, Comment: Gold- no reason to cutI was right
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:Dgood luck :)
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GoldFed rate-cut hopes = dead wood
But
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(what concerns me is ...)註釋
Gold-a full-scale war = Democrats will lose the White House
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Goldthe answer is yes
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Gold- I see two possibilities註釋
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Volatility S&P 500 Index+47%
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It's so dangerous to short Gold right nowIt's so dangerous to long Gold right now
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Trader asked:According to this drop, is 2600 or 2520 possible or has the drop started?
My reply:
There's no war yet
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Gold註釋
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Golda-
b- Plan B (if there is a war)
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Gold- Biden says he hopes .... but "I don't know"***
I will be unavailable until Aug 9, 2024
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Gold (investors await Iran's response to ...)
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Gold- Platz der Republik is a square in Berlin
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Gold-
"Ukraine (US, Germany, European Union) enters new phase of war", we are all aware of this important fact!
This ain't good, this ain't good at all, this can only mean one thing:
Russia could use nuclear weapons
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Gold-
(July 12, 2024) The German government ...
(Aug 14, 2024) US government moves 10,000 Bitcoin
why they need cash "now" ...
This ain't good
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Gold- Target (Short-term) = $ 2450
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Gold- Short term: Bullish
Calculate the difference between 2 dates
July 31, 2024 (Killing of Ismail Haniyeh)
Aug 14, 2024
good luck
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Gold-
so what?!
He hasn't said "anything new" since December 2023 !!!
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Gold-update
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Gold ;)
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Gold- Aug 9, 2024, Ukraine's incursion into Russia
Update: Aug 30, 2024
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Gold- Fed rate-cut ... (Aug 30, 2024- the time has come)
See You on 18 September
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Gold- Update ($ 2566)
Short term (to be honest!) ----> technical analysis doesn't work
the reason technical analysis doesn't work
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Gold- (short term) News
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Gold- you see what you see ;)
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Gold- Update
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Gold- Update
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Gold- Update ;)
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Gold-
what I expected (Aug 4, 2024) :
what actually happened:
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Gold- You see what you want to see ;)
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Gold- Update
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