20 May 2020, Wednesday
(Click on the Technical Chart Above to Expand)
(Click on the Technical Chart Above to Expand)
Attached is the Technicals of typical Gold 3X ETFs.
The green zone is the massive consolidation which I had preempted and reiterated many times in the past few years that they were smart monies' buys for very massive upwave of Gold to come. The first set of blue circled regions are the close to 300% returns since my buy-analysis for Gold (for aggressive gold bull investors). These people will see their holdings go to 1000% returns when my gold TP comes. The 2nd set of single blue circled region is where bullish gold buyers were rewarded with 150% returns on sharp technical backtest. The entire price structure also serves to remind that Gold ascent from breakout is just the start of a big journey up.
(Click on the Technical Chart for the expanded version)
Bullish
The green zone is the massive consolidation which I had preempted and reiterated many times in the past few years that they were smart monies' buys for very massive upwave of Gold to come. The first set of blue circled regions are the close to 300% returns since my buy-analysis for Gold (for aggressive gold bull investors). These people will see their holdings go to 1000% returns when my gold TP comes. The 2nd set of single blue circled region is where bullish gold buyers were rewarded with 150% returns on sharp technical backtest. The entire price structure also serves to remind that Gold ascent from breakout is just the start of a big journey up.
(Click on the Technical Chart for the expanded version)
Bullish
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