GOLD as an hedge against inflation?
How about Gold?
Gold was another rockstar assets back in the 70s during "The Great Inflation"
Since July 2020, it has been forming what appears to be a perfectly drawn ascending triangle.
If it breaks resistance, it will be trading in all time highs territory which is a major turn on to me as an investor because it could be making the headlines and trigger FOMO emotions.
Do you think it will break resistance or are you more inclinded towards a bearish scenario where it breaks the yellow ascending trendline?
Cheers,
Ruben Rodrigues
wtenacioustribe.com
In The Chartrs We Trust
Gold was another rockstar assets back in the 70s during "The Great Inflation"
Since July 2020, it has been forming what appears to be a perfectly drawn ascending triangle.
If it breaks resistance, it will be trading in all time highs territory which is a major turn on to me as an investor because it could be making the headlines and trigger FOMO emotions.
Do you think it will break resistance or are you more inclinded towards a bearish scenario where it breaks the yellow ascending trendline?
Cheers,
Ruben Rodrigues
wtenacioustribe.com
In The Chartrs We Trust
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