Hi!, trying to look into the future (2050) , not so easy but if chart shows the physics, very much possible , plotted levels needs the consideration.
u can see the preferred angles here followed by the gold future for rising and for correction , gold followed the sharper rising angle for last many years.
lets c , will post the chart in lower time frame in below slides
u can see the preferred angles here followed by the gold future for rising and for correction , gold followed the sharper rising angle for last many years.
lets c , will post the chart in lower time frame in below slides
Nota
in weekly time frame , got a resistance Nota
zoom in quarterly time frame showing the resistance and sup Nota
zoom in half yearly time frame Nota
in day tf , with added parallels Nota
weekly Nota
easy for eyes Nota
zoom in Nota
Nota
day tf Nota
4H Nota
43 mins for new 8H, Nota
nothing is random price is playing the angles, in 1H Nota
price is above the monthly res a strong one so still a reference for us, next one is around 5112, in between we have some weekly and other levels also the angles /tl previous day able to reach the day level Nota
main chart , weekly avoiding the the hammer and inverted hammer range but within the inside bar range , lets c Nota
got the sup of 6M inverted hammer so a testing range for us , some important 12M levels for reference Nota
weekly 
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.