GOLD Futures – Back Today on ATA Research Radar
ATA Continuation of…
5.04.2020 – GOLD Futures – Secular Golden Fibonacci Constellation…
with
ATA Following…
GOLD Spot
6.07.2020 – GOLD Spot – Golden Final Countdown…
GOLD Futures Major Motives
First of All
Gold Bull Wave still Active
vs
still under Master Psychological Key Level 1800 USD
on
Citi Golden Strike
3-month gold forecast 1825 USD
2021 Year forecast above 2000 USD
Goldman Sachs Golden Strike
Goldman raises 12-month gold forecast by 11%
to 2000 USD an ounce from 1800 USD earlier
&
Pandemic Second Wave Rising Risk
with
Kudlow Verbal Ecstasy
Every Number is Showing V-Shape Recovery for US
end earlier
FED Powell Verbal Strikes
US Economic Recovery hinges on virus being Under Control
National Debt an Issue of ‘Generational Equity’
Fed equalize debt Scenario Rising Probability
and earlier
FED – Powell Wall Street
No Rate Hikes through 2022 – near ZERO again through 2022…
with
Afterpandemic New Reality
US & Global Economy Reopen
V – Shaped Recovery Scenario Mainstream Projections
vs
Roubini ‘Dr. Doom’ Mega Warning
10-year Depression is coming… investors far too confident about a possible recovery…
with
Central Banks
from MEGA to GIGA Easing Active Wave
after
Global Pandemic Strike
Main Central Players FED , ECB , BOJ, PBoC
FED-BOJ-ECB-BoE-Biggest ever Black Swans
Minsky Moment Flat Money “Printing” System
vs
Coronavirus “Ugly Duckling”-Trigger
ATA Golden Conclusion
Long Term Horizon
Wall Street Factor for Gold Futures
still High Probability
of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
or even
1929 Great Depression
with
Guggenheim “PONZI SCHEME” Collapse Warning
Central Banks driven ‘Ponzi Scheme’ must Collapse
Tech Bubble High Risk
GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK
First…ATA from 5.04.2020
” Now Special Focus on
Fibonacci Range
1350 1420 1500 vs 1666 1743 1830
with
All FIB RET-s ”
Present GOLD Futures Situation
GOLD FUTURES SECULAR SITUATION
ATA MARKET MODEL IN MEDIUM TERM ACTION
ATA MIND OVER MARKETS
Charts have No Temperature
Markets Never Wrong vs Often Mistaken
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
Final…INVEST & TRADE – DON’T FORECAST…
First…Key Motives
above in this text…
Second…Market Technical Patterns
First of All
Present Golden Bull Attack
on
Golden Resistance Zone – Key Level 1800 USD
but without
Final Victory
Present GOLD Futures Battlefield
1750 – 1780 vs 1800 1830
ATA Investment Conclusion
Now Special Focus on
Fibonacci Range
1750 – 1780 vs 1800 1830
with
Key Signal – Move Out of the Range
&
Entering New Bull or Bear Golden Market
with
Research New Pattern
Classical & Candlestick
and of course with
New Coronavirus News
vs
Next Global Macro Strikes
&
Central Banks FED-ECB-BOJ & Governments Strikes
ATA Financial Markets Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY PHASE …!!!
&
WALL STREET NEVER TOLD YOU…YOU SHOULD SELL…!!!
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
F/X Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
First…EOM – July
by the Gold Way
always remember
Gold – anti US Dollar Vector
Gold Futures Monthly Charts
3.04.2020 – EOW
ATA FINANCIAL RESEARCH 