XAUSGD 30min TF Price Actions Analysis. Hit Target $2701!!! Next Target $2724.

Follow up update from the post https://jimmytradingroom.blogspot.com/2022/03/xausgd-price-actions-analysis-hit.html

 

 

XAUSGD Price Actions Analysis. Hit Target $2658!!! Next Target $2701

Follow up update from the post http://jimmytradingroom.blogspot.com/2022/03/xausgd-30min-tf-price-actions-analysis.html

 

 

XAUSGD 30min TF Price Actions Analysis. Likely on the way to hitting $2658 !!!

 

Follow-Up Update on Gold Daily Price Actions Analysis, Hit Target $2050!!!

 

Historically Market Return After First Fed Aggressive Rate Hike!

Two months into the first aggressive rate hike on the median typically marks the low point of Equities.

Twelve months later except for the 1973 Inflation Crisis, on the median Everything closed higher!

Both Gold and Silver on the median Closed positive for Two and Twelve months into the first aggressive rate hike!!!

Gold Daily Price Actions Analysis, Hit Target $1952 !!! Next resistance/Target at $2050, If the daily price closed above $1977.

 

Gold Daily Price Actions Analysis: Hit Target $1909 !!! Next resistance/Target at $1952.

 

Gold Daily Price Actions Analysis Update, Likely On The Way To Hit Next Resistance $1909!!!

Follow-up update from the post http://jimmytradingroom.blogspot.com/2022/01/gold-daily-price-actions-analysis-look.html

 

 

 

 

Gold Daily Price Actions Analysis, Look Set To Resume Uptrend If Closed Above $1830!!!

 

 

Central Banks Accelerate Shift From Dollar To Gold Worldwide

Gold hit TP 1 $1915 If Daily Bar Closed Above $1915, Next Target $1956.

 Follow-up update from the post http://jimmytradingroom.blogspot.com/2021/05/gold-price-actions-analysis-update-on.html

 

 

Gold Price Actions Analysis Update. On Track TO Hit US $1915 !!!.

 Follow-up update from the post https://jimmytradingroom.blogspot.com/2021/04/gold-price-actions-analysis-look-set-to.html

 

 

Gold Price Actions Analysis. Look Set To Resume Uptrend!!!

 

Gold Monthly Chart Price Action Update !

 

My Favorite Slides from: Chartbook of the In Gold We Trust report 2020

 

Great Opportunity to follow Warren Buffett to invest in Barrick GOLD !!!

 

Barrick Gold has sold off $1.5 billion in noncore assets to help reduce its debt, which in the June-ended quarter pushed net debt down by almost 25% to $1.4 billion. Higher gold prices, coupled with Barrick's leverage, should allow the company to deploy its extra cash flow to improve its balance sheet. 

Additionally, free cash flow totaled $522 million in the second quarter, an improvement of $84 million on a $128-an-ounce increase in the average price of gold from the sequential first quarter

 

My Key Take-Away from Ray Dalio Chapter 6 : The Big Cycles of China and Its Currency

 My Key Take-Away after reading the Ray Dalio Chapter 6 : The Big Cycles of China and Its Currency

 

Based on 8 key Powers : 

1) Education

2) Economic

3) Competitiveness

4) Share of world trade and output

5) Innovation

6) Technology

7) Reserve currency status

8) Financial market center

China Is On the Way up, And The US Is On the Way down.

 Continues invested in Gold and RMB !!!

Gold On Track To HIT $2676, Silver On Track To HIT $48 AUDSGD AND SILVERLAKE REMAIN IN UPTREND

GOLD FUNDAMENTAL ANALYSIS

The Feb Balance sheet likely has to balloon an additional 40% from current 8 Trillion to 11 Trillion, it likely will be resulted fueled Gold to $3500 per ounce.

After Inflation Gold is still far below 2100 level of 1200 vs current below 800.

US$ likely will crash another 20% to 40% from here lead by fiscal deficit to GDP that continues fuels current gold up...

Conclusion: Continue to accumulate Gold and Silver for every pullback as long as the fundamentals never change direction.

GOLD AS MINMIUM WILL HIT US$2676, AND VERY LIKELY WILL HIT HIGHER THAN US$3087!!!

Update from my gold posts https://jimmytradingroom.blogspot.com/search/label/Gold

With current massive QE from most of the countries, Gold as an effective store of value will hit US$2676 and very likely will hit higher than $US3087!!!

Detail analysis please refer to the below chart.

Why Gold Fundamental is Very Bullish !!! --Update