Do not fight the trend. Long Term Cup and Handle Must Complete!
Here is my Macro View on Gold. We see a nice rounding bottoming formation, Very similar to what happened in early 2019 on the mid term start cup and handle that started this Bull Market. These markets move in fractals. This is just the bigger picture. Be careful shorting this Bull. If you think Gold is overextended than the Stock market and real estate need to crash 80%...I don; think any are overvalued. I just think that they are all predicting inflation.
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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.