Gold has seemingly taken a mini-crash - or rather correction in a daily trend. Some have bailed out, and I can't blame them if they made their money with the big pump north. So what's next?
Note
Gold is definitely doing funny stuff on 1H to 2H timeframes. Uncharacteristically, as the US Dollar strengthens, Gold is also moving north. The usual pattern is an inverse relationship. To me this means that people are reaching more to gold to protect against a stock market crash.FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.