OK BY THE NUMBERS.
The stars might lie but the numbers never do.
If you were old enough to be trading precious metals at the turn of 2000,
you may have been on KITCO. If you were on KITCO up to 2112, you would have witnessed a lot of days where the Gold price moved $U$ 100 or more in a
given day. Feb/24/2022 we came close, with U$ 90 in a day.
Here are some pricing numbers you may see again. CURRENT $ 1888
USING RAIF REGRESSION, the top here may beU$ 2050,a long shot.
USING 7% RANGE LIKE THE SPX, my likely top here would be U$ 2030.
BELOW U$ 2000 SEEMS POSSIBLE.
HIGH SO FAR, U$ 1973, RETRENCH LOW U$ 1883,
CURRENT & REGRESSION TARGET
MUST HOLD THIS LEVELU$ 1842
TOP $ 2050, 7%RANGE $ 2030, $ 2,000,
$ 1,900 SUPPORT /RESISTANCE