I was bullish on gold for last four weeks to enter better level for short . We have found a lot of good hands to hold the 50$ drop that happened at the 1st week of March. After a month, conditions are changed. Those good hands are not strong enough to hold this Fat bear PaPPa. PaPPA required a good amount of food to feed his entire kingdom. A very rare...
Gold has completed 7 years since its 2011 all time high having established strong bearish bias over the last 5 years as it has repeatedly failed to cross above the 1,400 level.
This study compares Gold's 1980 2001 super bear cycle with the current bearish monthly candly sequence since the 2011 all time high.
If we harmonize both cycles' time scales we see they...
