The $4,375 Zone Marks The End Of The Bullish Wave
Remember This POST
Remember This POST
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Weβll keep saying it: GOLD prices are extremely overvalued.
Weβre now in a phase of extreme optimism
Be careful, Friends⦠The Crash Will Be Brutal & Merciless.
Weβre now in a phase of extreme optimism
Be careful, Friends⦠The Crash Will Be Brutal & Merciless.
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Imagine yourself in 1970
The price of gold was only $37 per ounce.
Just ten years later, it skyrocketed to $850, a 23x increase!
Back then, everyone said: βGOLD will never go down again.β
There was euphoria, optimism, economic turmoil, and endless support for GOLD as the ultimate safe haven.
But what happened next?
From 1980 to 1999, gold corrected all the way down to $251.
The dream was over.
Reality hit hard.
And today...
Weβre witnessing a similar pattern, but with different tools.
Back then, it was the Internet. Now, itβs Artificial Intelligence.
Markets are once again filled with extreme optimism.
History repeats itself, only the names change.
The wise are those who see beyond the hype.
The price of gold was only $37 per ounce.
Just ten years later, it skyrocketed to $850, a 23x increase!
Back then, everyone said: βGOLD will never go down again.β
There was euphoria, optimism, economic turmoil, and endless support for GOLD as the ultimate safe haven.
But what happened next?
From 1980 to 1999, gold corrected all the way down to $251.
The dream was over.
Reality hit hard.
And today...
Weβre witnessing a similar pattern, but with different tools.
Back then, it was the Internet. Now, itβs Artificial Intelligence.
Markets are once again filled with extreme optimism.
History repeats itself, only the names change.
The wise are those who see beyond the hype.
π54π7
Elliott Wave Monitor
Imagine yourself in 1970 The price of gold was only $37 per ounce. Just ten years later, it skyrocketed to $850, a 23x increase! Back then, everyone said: βGOLD will never go down again.β There was euphoria, optimism, economic turmoil, and endless supportβ¦
Please translate this text into your language & understand it well.
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GOLD: BUY STOP
E: $4,246.03
S: $4242.00
T: 50 PiPs or 70 PiPs "YOU DECIDE"
E: $4,246.03
S: $4242.00
T: 50 PiPs or 70 PiPs "YOU DECIDE"
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Move Stop To: 4239.60 (15 minute candle can be corrected now)
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Start learning Elliott Wave Theory step by step until you clearly understand market movements.
Learn when and where to enter buy or sell trades with confidence,
and recognize when the market is overbought or oversold, when the price rises or falls without a real reason.
Focus only on gold, take your time to understand it and read its movement like an open book.
Learn when and where to enter buy or sell trades with confidence,
and recognize when the market is overbought or oversold, when the price rises or falls without a real reason.
Focus only on gold, take your time to understand it and read its movement like an open book.
π38π4
Forwarded from Elliott Wave Monitor
The $4,375 Zone Marks The End Of The Bullish Wave
Remember This POST
Remember This POST
π54π3
Elliott Wave Monitor
The $4,375 Zone Marks The End Of The Bullish Wave Remember This POST
We need the price to drop by $1,000 from the current levels in order to say that the prediction is correct.
If it doesnβt drop, then the prediction is wrong.
And honestly, anyone in this world who claims to know with 100% certainty where the price will go tomorrow is a huge liar.
If it doesnβt drop, then the prediction is wrong.
And honestly, anyone in this world who claims to know with 100% certainty where the price will go tomorrow is a huge liar.
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Photos are currently spreading widely showing long lines of people buying GOLD, and thatβs exactly the goal: to create mass hysteria and make everyone lock their money into gold bars for a long time.
Please, Donβt Follow The Herd.
Please, Donβt Follow The Herd.
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