Gold will stall/revert to near $1708 before moving higher

2022年11月14日

I know many of you are very interested in Gold/Silver, but you need to understand the dynamics of price, expectation, and the unwinding of risk.

The current move higher puts Gold/Silver into new Fibonacci Bullish Trending. This is what we've all been waiting for.

But, the move upward from these levels is going to be staggered/legged by bullish and bearish price waves - just like price always advances or declines.

The peak for this current move is very near the current highs ($1780).

I'm here to tell you I expect Gold to retrace to levels near $1705~1709 where it will establish a base for the next advancing price trend (targeting $1920~1935).

Get ready. Everything I've been sharing with you over the past 2+ years related to broad market cycles is taking place.

The US Fed has inadvertently trapped foreign markets and speculative cryptos in a blackhole that may pull many into oblivion. I believe this inadvertent move will result in a "new normal" that may reflect a massive debt destruction phase.

Right now, it is too early to tell how this will all play out. But I do believe Gold/Silver are the global base of REAL VALUE going forward (as they have always been).

Follow my research.