I see similarities between the 1980s gold run and today's build-up. Imagine that history repeats itself.
Cup and Handle Target: $2800-3000 (after a brief pause at the 1.6 fib $2460)
Fractal Target: $6000-7000
- Green box - 3 wave growth pattern
- Yellow box - multi-year cup and handle formation
- Pink box - bubble growth
Cup and Handle Target: $2800-3000 (after a brief pause at the 1.6 fib $2460)
Fractal Target: $6000-7000
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a more detailed perspective on potential short-term moves (July 2019)
