🏆 GOLD - 2nd week of the new basic cycle

 🏆 GOLD - 2nd week of the new basic cycle (15-20 weeks, sometimes more). Our forecast extreme on July 1 worked as a reversal from the double bottom and became the beginning of a new cycle, as promised (https://t.me/jointradeview/154). Position dated July 1st. The next serious extreme is expected on July 15.

👉 According to the extreme on July 15, there are two scenarios:

1️⃣ weekly bullish trend until July 15 and correction;

2️⃣ correction or flag in the week before July 15 and continuation of the bullish trend.

🪐 The astrological aspect on July 15 may become a trigger for dangerous situations in the world that could push gold up even more. Therefore, I prefer the second option. More details about this aspect in a separate post this week.

⚠️ In the new gold base cycle, I am personally confused by the powerful double top formed by our forecast extremes of April 12 and May 20. Very serious arguments are required to break through this level. According to the timing of July 15, the market may be somewhere there. Taking into account the participation of Uranus (♅) in the aspect on July 15, a breakdown of the level is possible at this time.

👉 See also Week 1.7-5.7 results / Forecast (https://t.me/jointradeview/155).