So if you are following me you'll have seen the updates and speculations towards The Big Swing, Which completed last week. Each target was reached with 2000 being the final target. Now you would have also notice me also speculating further climbing of everest which could still be possible, We have enough oxygen, done the 2nd peak now we can see the final one...2100. BUT its cold, all the HYPE is starting to wear out and we are slowly realising its not worth the long haul to the top when theres warm coffee at the bottom. Basically in my simpleton words I B1GFUDG3 am saying that the current value of gold is not actually the value of gold its merely a smoke screen filled with hope, greed and viruses. All of which have good causes and justification for throwing value at such a shiny asset but now all the smoke is clearing and the real price of gold will soon be revealed to where it will level out. Just like the 2008/11 crisis, Which was 3 years...But very, very similar. It may not happen tomorrow, friday or christmas but eventually the hypes gonna fade and the gold will come back to a more fundamental apparent value as a base. Im not saying its over for the bulls as you can see in my analysis we could just like previously see a double top before hand but for now i see it dropping and as the cold winds come in over winter the unless stage 3 trials for a vaccine are completed and in full supply worldwide then just like the spanish flu further waves are imminent. It all starts again.... B1GFUDG3 OUT!
Disclaimer: I am not advising anyone to take any trades nor am i providing market direction certainty, Always do your own analysis and use the correct risk management.
Disclaimer: I am not advising anyone to take any trades nor am i providing market direction certainty, Always do your own analysis and use the correct risk management.
