$Gold Fractal – Update
gold will correct any day now and expose, once again – the fact that i often see patterns that don’t actually exist.
i mean – just look at this chart. OF COURSE gold is going to correct!
any day now…
yet that is exactly the overriding sentiment needed to actually fuel it higher at this point. when everyone that was going to sell, sells – “because of course this is the correction” – and it keeps going higher!? ha ha – they will be the rocket fuel to launch g&s higher when they finally buy back in!
on the other hand, i’m just a boy with a big heart, big dreams, and a stock-chart account…wtf do i know?
It’s Alive !!
Yaaaah baby
Is it Fat Man who tells no lies, or dead Man?
I agree RTV
Still lots of wall of worries out there… even admist goldbugs!
I read of Chinese Bank runs, continuation of the U.S. vs China trade war, record U.S. Bank Loan Loss Provisions, pending Flood of 3rd and 4th QTR Corporate Bankruptcies, 10% unemployment through 2021, U.S. Consumer Debt load, FED 10T balance sheet with -GDP, expanding pandemic what’s not to like for GOLD…
I always liked your fractal baby and fat man chart, RTV !!