$XAU Gold has plummeted over 30% from its peak, but has now rebounded strongly from around $3900 to above $4100!
Some international analysts believe that gold is bottoming out and a super bull market is about to restart!
However, I believe that gold has already entered a bear market, and this is just a violent rebound within that bear market!
Whose prediction is more reliable over the next 6-12 months?
① The bull market restarts, and gold breaks through $5000, reaching a new high!
② A bear market rebound, followed by another sharp drop, falling below $3800 and reaching a new low!
Only one of these two possibilities can be chosen! Based on historical cycles and price structures, I will provide the most crucial basis for my judgment!
What do you all think? 😏
#gold #XAU
Some international analysts believe that gold is bottoming out and a super bull market is about to restart!
However, I believe that gold has already entered a bear market, and this is just a violent rebound within that bear market!
Whose prediction is more reliable over the next 6-12 months?
① The bull market restarts, and gold breaks through $5000, reaching a new high!
② A bear market rebound, followed by another sharp drop, falling below $3800 and reaching a new low!
Only one of these two possibilities can be chosen! Based on historical cycles and price structures, I will provide the most crucial basis for my judgment!
What do you all think? 😏
#gold #XAU