Blue box will be deciding factor for Gold in long run. I don't think this recession Gold is going to go up, unless it breaks the trend. In the last 3 recessions (1990, 2001, 2008-9) only the 2001 recession saw a gold rise, and even that was not too impressive. On a longer time span, there have been only 4 instances in the last 100 years where gold rose prominently and would have been a great investment.
Watch for blue trend lines. Longer trend lines in red. 2018 year end to 2019 first quarter would be deciding factor for new trend of Gold.
Watch for blue trend lines. Longer trend lines in red. 2018 year end to 2019 first quarter would be deciding factor for new trend of Gold.
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