Gold And Silver Targets
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Photo by Zlaťáky.cz on Unsplash
Time to calculate targets based on a measured move for gold and silver.
Chart 1 - Gold chart from 1971 (Nixon gold standard exit). Clear shows strong resistance near $6,000 to $10,000. Of course $20,000 is there as well, can not imagine pricing getting there this time. Notice how price bounces between arc's and Gann angles.
(Click on image to enlarge)
Chart 2 - Silver using measure move targets
Chart 3 - China forecast for more money printing. Add this to USA reflation suggest 2026 is going to be HOT for the economy.
(Click on image to enlarge)
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