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
Note
in weekly time frame , got a resistance Note
zoom in quarterly time frame showing the resistance and sup Note
zoom in half yearly time frame Note
in day tf , with added parallels Note
weekly Note
easy for eyes Note
zoom in Note
Note
day tf Note
4H Note
43 mins for new 8H, Note
nothing is random price is playing the angles, in 1H Note
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 Note
main chart , weekly avoiding the the hammer and inverted hammer range but within the inside bar range , lets c Note
got the sup of 6M inverted hammer so a testing range for us , some important 12M levels for reference Note
weekly 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.