Successful Stock / Commodity Market forecasting
On August 06 it was posted on Twitter account that possible target of Gold is 2079, although same was calculated on July 19th ‘20. Next day Gold formed the top almost near to the target and dropped heavily.
Gold target forecasting
Why Gold and Silver made the top on August 7th ‘20?
Same is explained in following post with title Stock Market “Rule of 144 days”. After such a big fall on Monday following levels were been posted Weekly levels. As per mentioned levels trend decider for Gold was 51773-52044 and surprisingly precious commodity made low at 51888 between the mentioned trends deciding range only. Without hitting the stop loss it zoomed to second resistance of 53901 (high formed at 54180) but could not sustain at that point and closed below the second resistance yesterday. Today Gold closed at 52824 at MCX India. Price of Gold faced resistance at 61.8% resistance and took support at 38.2%. This time Fibonacci ratios have performed just right.
Successful Stock / Commodity Market forecasting On August 06 it was posted on Twitter account that possible target of Gold is 2079, although same was calculated on July 19th ‘20. Next day Gold form…...
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