Weakness we are seeing now is just a correction and retracing the Fibonacci levels. Gold is longterm bullish and I believe based on US dollar and US policies Gold will go up to 5k in the next decade. Once everyone figures out what I already know, Gold is still in a trough, and any weakness is a buying opportunity. US Dollar is way overvalued Dollar index is holding up well against other fiat currencies when fundamentally it should be the weakest. US has the largest trade deficits and lead the world in debt. The FED proved that it will never be able to normalize interest rates dollar to the floor. Gold to the ceiling.
I am waiting for everyone to catch up to what I already know by the time everyone catches up and Gold hits 5k. I will be selling it because there will be no one else to buy. Then it will likely move down. US in for a lot more inflation.
I am waiting for everyone to catch up to what I already know by the time everyone catches up and Gold hits 5k. I will be selling it because there will be no one else to buy. Then it will likely move down. US in for a lot more inflation.
