Gold 
GOLD has not been this extended (light purple band) from the historical mean / simple moving average (green bands) since 1979. What followed was an almost 17% drop thereafter in just a month. Then, 137% parabolic rise in just two months followed by a 45% crash 3 months later....
My point for those trying to hop on the train now: There is a very strong probability of a 10%-20% pullback as the price approaches $5,600+/-. But that's simply my worthless view.
This type of extension is what I suspect we'll see with the S&P 500, as described in this write-up
GOLD has not been this extended (light purple band) from the historical mean / simple moving average (green bands) since 1979. What followed was an almost 17% drop thereafter in just a month. Then, 137% parabolic rise in just two months followed by a 45% crash 3 months later.... My point for those trying to hop on the train now: There is a very strong probability of a 10%-20% pullback as the price approaches $5,600+/-. But that's simply my worthless view.
This type of extension is what I suspect we'll see with the S&P 500, as described in this write-up
أغلقت الصفقة: تم الوصول للهدف
Share this with anyone who this technical analysis is bogus, ha! 
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If you enjoy this idea, please follow for more: tradingview.com/u/WorthlessViews/
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.