HOPE THIS HELPS. GOLD SHORTS HEADED INTO 2019 SHOULD PROCEED WITH CAUTION. ASCENDING IN A VERY UNLIKELY ENVIRONMENT FOR GOOD REASON.
Note
CONSIDER THE ENVIRONMENT THAT THE PRICE REVERSAL OCCURED IN. NOT EXACTLY FAVORABLE FOR GOLD IN THE PAST AT LEAST. CENTRAL BANKS WILL BE DRIVER OF THE NEXT RALLY. NOT PAPER GOLD. NOT GOLD BACKED CRYPTO.
HERE'S WHY. https://www.marketwatch.com/story/corporate-debt-binge-carries-eerie-resemblance-to-subprime-lending-boom-says-zandi-2018-08-27
OPINION ONLY. TRADE AT OWN RISK
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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.