The Solid Blue curve is a real trend. The local Red Horn is evidently present. The Dashed BLue, much lower is also a real trend.
I perceive that the Gold Jag will continue rising along the Solid Blue trend.
This is consistent with a perceived decline in the DXY
Note
Its testing the resistance of local Solid Red Horn. Its already pricey . . . wile Platinum is a much better deal, in the long run. Global monetary policy and thirst for Au abroad will conspire to curb the noble metals further climb . Solid Blue trend is looking steep; a bit much. . .
Note
This chart has been superseded by a later , more updated chart.
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.