Loading ...Take a look at every Fibonacci lines, where they intersect the chart history and also where they intersect the projected future price. That small gray pitchfork which runs from the 681 low, to the 1923 high, to the 1526 low should have been the entire correction….but they then took us into an inverse cycle to where we are now, which is equivalent to holding the beach ball under water for way too long. They might delay us for a bit longer but IMO a move up is imminent.
IMO the $5000 high is only a point of rest similar to past corrections. My ultimate projection is a price of $20,000+ but that won’t take place until I’m over 90, and I have my doubts the US Buck will still be alive by then, and neither will I, but if I am I certainly won’t give a rats ass what the price of gold is. LOL!!!