$GLD $XAUUSD
My very long term analysis on GLD. Putting in my thoughts.
I believe GLS is an indicator of Macro Volatility instead of a store of value or a hedge against inflation.
I believe it reflects a basket that counter weights the Dollar.
I believe GLS is an indicator of Macro Volatility instead of a store of value or a hedge against inflation.
I believe it reflects a basket that counter weights the Dollar.
Note
Based on constant Central bank buying of Gold; and with an understanding that any new international currency shall have some element of gold and silver in it, the buying for long term should be done at 2350 level.
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