Gold could see a Major Decline before a major push higher.
Here is a comparison of the bull run that broke the 1980 previous ATH.
Notice any similarities.
We could see a major push down in gold before we see another major continuation of this possible bull run.
Notice any similarities.
We could see a major push down in gold before we see another major continuation of this possible bull run.
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This is not a prediction or anything. This is simply just going off of fractals of history. Interesting to look at.
Watch the DXY, it could give us this push down in gold VERY easily.
Watch the DXY, it could give us this push down in gold VERY easily.
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Keep in mind that even if we see a major correction to the spot price of gold, I think that premiums may hold up well throughout the downturn.
Only time will tell.
Only time will tell.
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