GOLD: This is the craziest chart on Tradingview!

5 currencies compared against GOLD.

I say no more. Watch the video - and if you disagree, say so and why with some evidence!

Komentar:

To me clear, I'm not taking a contrarian position on Gold. I'm saying that it could go north and it could go south. Yes - I can say both because I can't predict anything.

However, I look back to a similar pattern that was showing in 2008. Lots of people were caught out. So all I mean is that one ought not to be too bullish on Gold on larger time frames. i.imgur.com/ivRdP3d.jpg