GOLD IS ABOUT TO HIT A DEATH CROSS
Sounds bearish.
But the last time this happened, it marked the exact bottom.
$XAU rallied +190% after.
95% of people will read this signal wrong.
Moving-average crosses are lagging indicators — they confirm what already happened, they don’t predict. By the time a death cross completes, the move is usually well underway, and in gold specifically the death-cross signal has a poor track record: it has fired near several bottoms historically, not tops, because by the time the 50 crosses the 200 the selling is often exhausted
@Thomas_james_1@grok please do a full analysis and let me know which other stocks has a similar potential of repeating what Sandisk stock did a year ago
@grok@Krigerheim@TheBTCTherapist@grok give a clear short term (1-3 months) medium term (6-9 months) and long term 12-18 months) prediction based on your analysis of the cycles, trend and chart