🏆 GOLD - Week 11 of the base cycle

 🏆 GOLD - Week 11 of the base cycle (15-20+ weeks).

👉 Our extreme forecast on August 19 (https://t.me/jointradeview/15) held gold at the resistance of 2560 on the futures for 3 weeks. I myself did not expect that the planetary tornado I promised in February on August 19 would have such a harsh impact on the upward trend of gold. On August 16 they wrote:

☝️ If some unpleasant events happen over the weekend or at the beginning of the week, then this is definitely a bullish trend. On the other hand, a serious collapse of the stock market can drag gold along with it. Well, retrograde Mercury is not over yet, what a cheater (https://t.me/jointradeview/146).

👉 Our extreme forecast on September 3 (https://t.me/jointradeview/15) turned gold around for 2 days, but the momentum was not enough to break through the resistance. There were no unpleasant surprises, retrograde Mercury deceived everyone again, and the collapsed stock market dragged the yellow metal along with it.

👉 The next extreme forecasts for gold are on September 23 (may coincide with S&P) and October 14 (a strong signal, possibly a rally, I will write about this closer to the date).

👉 See also the review and forecast 2.9-6.9 for S&P (https://t.me/jointradeview/220), oil (https://t.me/jointradeview/223) and yen (https://t.me/jointradeview/224).

#gold



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