The Picture has been painted and is clearer than ever.
Like my yesterdays post Institutional orders are placed at 5600, 4700-4800 and most recent ones being 4530-4540/4517
We are in June last month of Q2.
When prices reach all time high again we will have experience other people won't have.
This recession is absolutely normal.
If you had let's say 10 ounces of gold. You saw price dropping drastically would you not want to sell it?
Or price reaching such a high amount you would want to sell it.
Now please read this:
This political and economic war is not doing good for gold however it opens a very secret doorway which no one talks about. This is a very good opportunity which gold is positioning for a very long term investment.
We have seen how strong the buyers have been after 4100 drop coming close to 5000.
I'm expecting gold to swing lower to 4000 possibly extending to 3900 over the course of the next couple of weeks.
It's not me who's saying this. The chart is telling us that.
Check Weekly and look and liquidity ranging 4000-3920.
With this news it was the perfect time to make a such move today on gold. It was inevitable one way or the other. If this move wouldn't of happened we'd just likely see a delayed sell off maybe a week delay or so.
Anyway I just want to build you guys the clear picture.
Look at the ways gold is structuring long-term.
Gold was sitting on 3400 last year so don't be scared thinking it will go lower because it will.
People are too attached to seeing gold starting with a 4 we have seen this went gold dropped below 5000.
Gold was heavily overpriced.
How much did America spend on the war? A ridiculous amount some people say 30 Billion Us some day 600 Billion.
Just please have a think.
Let the chart build. Monitor NY every single move. Check VWAP levels and initiate sells.
I'm expecting next week for gold to hit 4400.
4450 is a possibility however it would be a risk for NY to push price high hence the sell off today.
4400 possibly extending to 4415 is where more Smart money may be gathered before dropping lower 4300-4200 and so on.
I'm expecting this move to happen next week so I'll keep an eye out.
Like my yesterdays post Institutional orders are placed at 5600, 4700-4800 and most recent ones being 4530-4540/4517
We are in June last month of Q2.
When prices reach all time high again we will have experience other people won't have.
This recession is absolutely normal.
If you had let's say 10 ounces of gold. You saw price dropping drastically would you not want to sell it?
Or price reaching such a high amount you would want to sell it.
Now please read this:
This political and economic war is not doing good for gold however it opens a very secret doorway which no one talks about. This is a very good opportunity which gold is positioning for a very long term investment.
We have seen how strong the buyers have been after 4100 drop coming close to 5000.
I'm expecting gold to swing lower to 4000 possibly extending to 3900 over the course of the next couple of weeks.
It's not me who's saying this. The chart is telling us that.
Check Weekly and look and liquidity ranging 4000-3920.
With this news it was the perfect time to make a such move today on gold. It was inevitable one way or the other. If this move wouldn't of happened we'd just likely see a delayed sell off maybe a week delay or so.
Anyway I just want to build you guys the clear picture.
Look at the ways gold is structuring long-term.
Gold was sitting on 3400 last year so don't be scared thinking it will go lower because it will.
People are too attached to seeing gold starting with a 4 we have seen this went gold dropped below 5000.
Gold was heavily overpriced.
How much did America spend on the war? A ridiculous amount some people say 30 Billion Us some day 600 Billion.
Just please have a think.
Let the chart build. Monitor NY every single move. Check VWAP levels and initiate sells.
I'm expecting next week for gold to hit 4400.
4450 is a possibility however it would be a risk for NY to push price high hence the sell off today.
4400 possibly extending to 4415 is where more Smart money may be gathered before dropping lower 4300-4200 and so on.
I'm expecting this move to happen next week so I'll keep an eye out.
6