GOLD: Buckle Up! Off to the Races Just Like I Said!
In my last prediction earlier today I noted the following:
"1) 1440ish (previous close) --> 1443-1446 (Sunday futures open)
2) 1443-1446 --> 1431-1438
3) 1431-1438 --> 1447
4) 1447 --> 1440-1442
5) 1440-1442 --> 1450 --> 1470 --> 1490 --> 1500 and beyond"
--
1, 2, 3 and 4 have occurred bang on 100% as I forecasted. I am expecting potentially a retrace down to about 1442 near US open to allow big money an equal opportunity to enter again at a sound price. However, it may not retrace and we may end up butchering our way into 1500 territory this week. Moreover, 1600 will come this Fall season.
Now that China has retested 1450 and exceeded this range several times we will be off to the races for 1500 shortly. From 1500 onwards you can expect a confirmation of a long Gold bull break-out and eventual record highs of 2000+ sometime in 2020.
Any bears left that have been calling 1300 for the last 2 months? I hope not!
Give me a follow for accurate Gold forecasts.
- zSplit
"1) 1440ish (previous close) --> 1443-1446 (Sunday futures open)
2) 1443-1446 --> 1431-1438
3) 1431-1438 --> 1447
4) 1447 --> 1440-1442
5) 1440-1442 --> 1450 --> 1470 --> 1490 --> 1500 and beyond"
--
1, 2, 3 and 4 have occurred bang on 100% as I forecasted. I am expecting potentially a retrace down to about 1442 near US open to allow big money an equal opportunity to enter again at a sound price. However, it may not retrace and we may end up butchering our way into 1500 territory this week. Moreover, 1600 will come this Fall season.
Now that China has retested 1450 and exceeded this range several times we will be off to the races for 1500 shortly. From 1500 onwards you can expect a confirmation of a long Gold bull break-out and eventual record highs of 2000+ sometime in 2020.
Any bears left that have been calling 1300 for the last 2 months? I hope not!
Give me a follow for accurate Gold forecasts.
- zSplit
