This was already posted here once and it was asked that,
Some kind of reasoning, fundamental, etc, be posted to further flesh out the wild punt of an idea that Gold will "suddenly drop" HALF of it's current value.
Even when Gold sells off a 200 bucks in 48 hours is steep. 600 with no reasoning - Like we are going to nuclear war, is absurd.
To save some further time, Pointing to 680 on a chart and saying that it was old resistance is not a reason.
Likewise nor it "MELTING ICEBERG SHAPE."
NO - this does NOT EXIST as a valid or USED chart pattern to anyone wondering.
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How about this:
Just the same as someone saying "we may see 2300 per ounce in upcoming sessions, so be careful." - Rocket ship chart pattern evident.
Some kind of reasoning, fundamental, etc, be posted to further flesh out the wild punt of an idea that Gold will "suddenly drop" HALF of it's current value.
Even when Gold sells off a 200 bucks in 48 hours is steep. 600 with no reasoning - Like we are going to nuclear war, is absurd.
To save some further time, Pointing to 680 on a chart and saying that it was old resistance is not a reason.
Likewise nor it "MELTING ICEBERG SHAPE."
NO - this does NOT EXIST as a valid or USED chart pattern to anyone wondering.
-------------------------------------------------------------------------------------------
How about this:
Just the same as someone saying "we may see 2300 per ounce in upcoming sessions, so be careful." - Rocket ship chart pattern evident.
DislikedGOLD WEEKLY CHART (MELTING ICEBERG SHAPE) We may see sudden drops to the 680-850 area. BE CAREFULL !!! {image}Ignored
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News