🏆 GOLD, forecast February 25, 2024
→ It looks like last week could be the first in a new gold base cycle.
→ The basic cycle of gold is on average 18 weeks. The current cycle began on October 9, 2023, and February 16, 2024 was its 19th week. The cycle is clearly mature.
→ Last week was bullish, and on February 26 we may be in the second week of a new cycle.
→ Given that the first 3-5 weeks of the base cycle are usually bullish, there is a possibility of a decent uptrend to at least previous highs. Let's see.
#gold
Comments
Post a Comment