Daily Oil, Gold, Silver Technical Analysis | May 13, 2022

"We think a flash crash below the area might happen to clear weak long hands. If the price could print a major bullish reversal pattern then we might see the start of upward movement."

[1] As a trader and chaotist (a trader who applies chaos theory to reading markets) I get pretty upset at commentary reading like the above. Uncertainty is being injected all over very blindly and outside of science.
[2] Much (all) is explained by chaos theory about markets that eliminate all of this unneeded uncertainty.
[3] First, ask what is the cyclic trend (since chaos shows they are persistent, i.e. cyclical trends)
[4] The answer is of course a down trend given 2070 followed by 1998.
[5] Next note the unitary behaviour (MN) to see it is in sustainable flow down and then calculate its theoretical range (MN) to estimate potential depth of move.
[6] Finally, draw conclusions guided strictly by chaos theory the mathematics of a singularity fluctuating within some bounded space ( a singularity is a single point agitated by binary action just like price).

From the above we know that we are in a persistent cyclical trend down a movement unaffected by any external or temporal factor and given by the equation form xn+1=f(xn), which simply tells you Gold is phase locked down and will persist for the fixed interval or the run to some bottom and no force on earth can change that. It is an equation (called a recurrence relation) and any up movements seen would be pullbacks (since chaotic moves are cyclical) and will therefore persist down until the interval depth is reached (since we are dealing with a bijection and X MUST EQUAL Y in a bijection). These are the broad facts of the current move in Gold. Anything else is profound ignorance expressed in public. Track the move in Gold against this post and hold me to account that much. This way you will learn directly that much offered by analysts are in fact nonsense. It is not a matter prose but hard calculations.

The Crow (-_-)