Gold: Here, Kitty, Kitty 🐱

16 thg 2, 2022

The gold price is currently acting out its feline tendencies. It sashayed up to the magenta-colored strip between $1867 and $1891, sat down in front of it and mewed for entrance. Then, after it had been let in, it turned around and meowed again to be let back out – for… you know…reasons…just because it can. We now expect the golden kitty to be too cold soon, so that it has to slip back into the magenta zone and snuggle up at its upper edge or even rub against the resistance line at $1919. When the golden cat has finished wave b in magenta there and sufficiently warmed up again, it should stroll down toward the support at $1781. From there, it should extend the round through its southern territory below $1753, $1721 and $1673.
However, there is a 40% chance that the golden cat could leave the magenta strip through the upper cat flap to explore a new northern realm above $1919 and $1966.