Illya Gerasymchuk profile photo
Illya Gerasymchuk
Financial & Software Engineer

gold's lowest possible bottom for current correction is ≈$3900 (area)

the uptrend will resume soon. given the FOMC meeting next week - if that bottom arrives it should be very soon - within the next week

* this is trend analysis done in 5 mins, but likely a correct one 😄

the uptrend will resume soon. given the FOMC meeting next week - if that bottom arrives it should be very soon - within the next week

GOLD: look for rejection at ≈$4155

if gold's price get rejected at that price level again - you'll likely see the fall to ≈$3900 target I described in my previous post

it's a good idea to have the limit buy orders ready 😄

GOLD: look for rejection at ≈$4155

My prediction on gold's bottom was correct: ≈$3900 ✅

You can direct anyone who is saying that gold and silver have topped to my posts.

If you think that gold and silver have topped - I'm really curious to hear your thesis. I've laid mine out extensively in prior writings.

My prediction on gold's bottom was correct: ≈$3900 ✅
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