From the chart, it can be seen that gold will move within a zone and needs to transition to new zones. It will need to move at a rate greater than 20% in the early stages and will continue to move within that zone until new factors come into play to facilitate further movement.
My criteria zone 0, 500, 1000,1500,2000,
Example
zone 1: 1000- 1500
zone 2: 1500 - 2000
zone 3: 1000 - 1500
zone 4: 1500 - 2000
zone 5?
Currently, the closing price is above the closing price of gold in the past and is consolidating downward. If it can hold within this zone, it may be able to move further by about 20% and maintain its condition in this zone until new factors emerge.
My criteria zone 0, 500, 1000,1500,2000,
Example
zone 1: 1000- 1500
zone 2: 1500 - 2000
zone 3: 1000 - 1500
zone 4: 1500 - 2000
zone 5?
Currently, the closing price is above the closing price of gold in the past and is consolidating downward. If it can hold within this zone, it may be able to move further by about 20% and maintain its condition in this zone until new factors emerge.
