Similarity for EURO?
EURO did BO-DOWN the Little BLACK upsloping line and was recently followed by a BT from below. I have highlighted GREY AREA as for similarity with former years 1999-2001 when EURO ‘suddenly’ CRASHED 25%. So once HOR.SUP (horizontal support) @ 105 give way (which possibly will be back-tested) . . . we could see a WATERFALL event. Such could make USD SPIKE higher which will make ALL MARKETS follow suit.
The silver lining of this . . . after 2000-2002 LOW . . . GOLD set its BOTTOM and made a stellar RUN of 760%. Therefore I expect similarity for GOLD as well. CRASH & BURN first before FENIX. Need to note: that I expect $GOLD will hold relatively (but goes lower) where PM-stocks and other metals like Silver, I expect to crash severely!
This coincides with my other findings.
Watch a BO-down for the EURO @ 105 to set things in motion!
IMO. DYODD.
So you are saying the Euro could “Die Suddenly ”
Nice chart for sure NG
YES sudden cardiac arrest by END/during-2027.
See former POST on XEU/EURO:
https://goldtadise.com/?p=557214
and
https://goldtadise.com/?p=566370
Seems appropriate ending for this Evil “Thing”
I cannot say NG is wrong about the Euro. The EURO chart weekly is showing a perfect back test.