IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FUNDAMENTALLY, U COULD SAY THE DOLLAR AFTER SHATERED ITS KEY 93 CEILLING , RISING TREASURY YIELDS TO 1.77% OR A COMBINATION OF AN ACCELERATING VACCINE ROLLOUT PROGRAM AND THE PROSPECT OF AN ADDITIONAL $3- $4 TRILLION IN INFTASTRUCTURE SPENDING, ALL OF THESE FACTORS ARE PILLING FRESH PRESSURE ON GOLD, OKAY.... GOOD! ALL OF WHICH SOUNDS REASONABLE
"BUT TECHNICALLY DON‘T FORGET WHAT IS SO CALLED :"THE PATTERN
FROM THE ELLIOTT WAVE PRINCIPLE (EWP) PERSPECTIVE PATTERN IS A WAVE
THE PATTERN SHOULD BE COPMPLETED TO GET THE TREND TURNS
HERE! GOLD IS NOT FINISHED YET THE MINOR FOURTH WAVE WHICH IS STILL UNFOLDING IN DOUBLE ZIGZAG PATERN THAT MAY COMPLETE IN $1640-$1600 RANGE
(C OF Y WAVE OF DOUBLE ZIGZAG IS STILL IN OPERATION)
BE SURE THAT ,WHEN THE WAVE IS COMPLETE, REVERSAL WILL OCCURE
(WAVES OF INVESTORE PYSCHOLOGY DRIVE MARKET PRICES)
