Do You See What I See?
Updated
I see similarities between the 1980s gold run and today's build-up. Imagine that history repeats itself.
Cup and Handle Target: $2800-3000 (after a brief pause at the 1.6 fib $2460)
Fractal Target: $6000-7000
- Green box - 3 wave growth pattern
- Yellow box - multi-year cup and handle formation
- Pink box - bubble growth
Cup and Handle Target: $2800-3000 (after a brief pause at the 1.6 fib $2460)
Fractal Target: $6000-7000
Note
a more detailed perspective on potential short-term moves (July 2019)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.