The vertical rise of Gold.

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In the mid-seventies Gold made a top and a bottom, from which we measure using a fibonacci extension tool.

Of special interest are the 2.272, 3.272 and 4.272 levels. Those give us a glimpse into the possible future, at which levels Gold might top out.

Since 2022 major Central Banks have been going on a Gold shopping spree, the once described barabrous relic seems to be a very coveted commodity, and it makes sense.

When everything becomes digital, virtual and ephemere, hard assets save the day.

Do you see 15K happening ?

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