A quick note in the anatomy of the Gold Miners breakdown...
Basically,
the USD is ↗️
the SPX / Equities are ↘️
The Gold Price is ↘️
Miners cannot hold out in such scenarios, and technical breakdown mapped as in chart.
Basically,
the USD is ↗️
the SPX / Equities are ↘️
The Gold Price is ↘️
Miners cannot hold out in such scenarios, and technical breakdown mapped as in chart.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.