Gold Fractal Target $6000

fractal analysis of gold.
Fractals do not always play out. we could see a major dip to $700 before we finally make a reversal to the upside.

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In early September 1976, just as gold prices bottomed, running out of options, the government of Prime Minister James Callaghan began the process of negotiating an IMF bailout of Britain. The sterling sunk rapidly, all the way to $1.56 by the end of October.

"BRITAIN TO ASK I.M.F. FOR $39 BILLION LOAN, ITS BORROWING LIMIT"
BY Peter T. Kilborn Special to The New York Times
Sept. 30, 1976

today we see similar news forming world wide..

www.telegraph.co.uk/...eeds-188bn-bailout0/

www.reuters.com/worl...rly-2023-2022-12-13/