I've been tracking this correction on Gold since the obvious corrective behavior started forming in August.
It took over 6 month to complete, but this pattern has clearly been broken with a Fat Impulse.
My original entry is at at $1692 and I will be scaling in on corrections.
My first Target is $2150.
This falls in line with my Thesis of a bearish Summer for $DXY (Until we hit 87-88) and a Bullish Summer for Crypto (and some equities).
It's not Bitcoin, but it should give us at least a nice 20-30% move from here.
XAUUSD
XAUUSD
It took over 6 month to complete, but this pattern has clearly been broken with a Fat Impulse.
My original entry is at at $1692 and I will be scaling in on corrections.
My first Target is $2150.
This falls in line with my Thesis of a bearish Summer for $DXY (Until we hit 87-88) and a Bullish Summer for Crypto (and some equities).
It's not Bitcoin, but it should give us at least a nice 20-30% move from here.
XAUUSD
XAUUSD