From a previous post we discussed that a smaller 5-stacked cube with 78 units sides is revolving from 20th June 2019 with the base at 1368 price level The cube expanding in a spiral or revolving has completed 3 faces and the 4th face has ending date on 27th April
As shown on the chart, the 4th face is from 9th February 2020 to 27th April. All the turning points are on Fib ratios of 78 points 9th March is on 0.382 axis 19th March is on 0.5 axis 28th March on 0.618 axis etc
The diagonal of a square is given by 1.4142 x the sides(78) To verify that the cube is revolving (78 * 4 = 312) 1st expansion 78 * 1.4142 = 110.308 2nd expansion 110.308 * 1.4142 = 155.997 3rd expansion 155.997 * 1.4142 = 220.611 4th expansion 220.611 * 1.4142 = 311.988. Also (78 * 4 = 312)
312 days = 27th April and the top is at 1758 and 1775 for a 5.236 expansion Since price has made the 1747 cycle top, we can be looking for the topping pattern which usually takes 14 days. 28th April is exactly 14 days from now and I would be looking at 1758 / 1769 range or price breaking though 1703 from current level for a sell signal
hey, that all sounds great. banks are buying gold. central banks printing more money than ever. none of this technical analysis says, sell gold. everything always reverts to the mean... even fundermentals. here, we ill see fundamentals go against the technical paralysis by analysis. this is my opinion, of course. i think we are about to see a landscape shift... us dollar with a large more down, and precious metals with a large move up. governments spending more than ever, and with unemployment and gdp outlook the way it is, there is nothing here to support the USD. add to that a potential housing crisis, i dont think people will rush to the dollar this time... because the dollar will continue to erode. so will the confidence in the USD, which is solely, its intrinsic value... as there is NOTHING ELSE.
Platinum-Markets
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@AndrewMills, Thanks buddy, most appreciated but actually I trade only the Geometry of markets, nothing more. It has always been accurate exactly to the tick, like the drop across markets on 20th Feb, 24th/29th Feb, 9th March, I predicted this way back in November 2019 with solid Geometry. Between 20th Feb to 19th March, all indexes and instruments were dropping and safe havens too despite central banks still printing money and stimulus packages. That said, my primary trend in Gold market is solidly bullish towards 1770, 1868,1907 and then 2033 top, but I trade along the successive growth patterns from swing to swing. Every top and bottom from 1046 on every date from 3/12/2015 can be precisely proven with the Geometry.
I would honestly appreciate if you can put your opinion across so we can go through too, might be of great help to me as well
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