Another Gold Roadmap
Still developing the fine detail, but this is roughly how I see things going. Don’t pay too much attention to the precise dollar gold targets, but somewhere $1500-$2500 by 2020. Im favouring closer to $2500. Possible sharp drop for a year or so then a final top in the mid 2020’s. Looking like TRIX will cross zero by the end of this year. That’s a major buy signal. As always, a large downside move, below support at the $1180 region negates all of this. Otherwise, I’m happy.
Love it….I think I’ll take a year of in 2020.
Probably be a bad year ( in hindsight)
Trump will be beginning his second term.?!?$?
PS….what’s the weather forecast for 2020 ?
π
Weather forecast – rapidly melting ice, rising sea levels, floods, droughts and massive heatwaves. Bet your glad you asked π
Thanks Northstar for all the great post!
Anytime π I like to have a map so that I’m straight on it when things start to ‘drift off’.
Thanks NS but I am getting worried that the charts are shouting at you. How long have you had these voices coming from the charts? π
Ha ha – I think I need help π
I think we all need help Lol π
π
Makes sense.
Thanks.
I imagine no one here remembers Terry Laundry of cycles fame (T Theory, Pit Bull). As it turns out, Terry believed gold was in a bull phase from 2000 and that it would top around 2020. Interesting confluence of ideas.
He may turn out to be right, although, I think the mid 2020s may give us the final top in this cycle.