Gold_Spot/ U.S_ Dollar_ Under OANDA_ Trading Venue.
Gold_Spot/ U.S_ Dollar_ Under OANDA_ Trading Venue.
Final Distribution for Gold:
$2,424
$2,442.695
$2,467.962
From here Expecting a bearish double top for Gold and drop will take a place to $2,025.133
What are the facts:
(1) From August 10, 2020, to December 30, 2023, there are 3 years, 4 months, and 20 days. The 1st Cycle of Economic Range is coming to the end. 2020 was the first previous high for the gold and Dec, 2023 was a support over 2020. The Economic data range usually is 10 years and split in 3.3, 3.3, 3.3.
(2) During April, 2023 support was confirmed over April, 2022, However, during March, 2024 when a support was confirmed over Dec, 2023 covering the total quarter, market should have made a correct retest over the support of April 2023 , there is a clear evidence that there is a missing Retest in the period of March, 2024
(3) The distribution price clearly showing a bearish double top.
Final Distribution for Gold:
$2,424
$2,442.695
$2,467.962
From here Expecting a bearish double top for Gold and drop will take a place to $2,025.133
What are the facts:
(1) From August 10, 2020, to December 30, 2023, there are 3 years, 4 months, and 20 days. The 1st Cycle of Economic Range is coming to the end. 2020 was the first previous high for the gold and Dec, 2023 was a support over 2020. The Economic data range usually is 10 years and split in 3.3, 3.3, 3.3.
(2) During April, 2023 support was confirmed over April, 2022, However, during March, 2024 when a support was confirmed over Dec, 2023 covering the total quarter, market should have made a correct retest over the support of April 2023 , there is a clear evidence that there is a missing Retest in the period of March, 2024
(3) The distribution price clearly showing a bearish double top.