Many got distracted when Gold was trading in a range the last few years. A question for you to ponder over: Will there be a situation where interest rates continue to rise and yet a lower Dollar? Why? Let me hear thoughts, I would love to exchange ideas with you. Included last two videos link below, I explained: i) Gold is still an inflation hedge ii) Gold...
OANDA:XAUUSD The MONTHLY chart shows the ratio between the spot gold price and the US inflation rate. While overall, the ratio is quite stable or consolidated for a period of more than 15 years. Hpwever. y three episodes are noted where the ratio rose parabolically including 2009, 2015 and the Covid 2022 time period . For the present, the RSI Swing Indicator...
As we seen since the pandemic stocks have struggled to world lock down. So investors go for the safe heaven. One of them being Gold. So its been going to the moon. The economy has slowly been recovering, however 1000's still losing their jobs. I think that gold rally will be over in the short term. But stock will struggle to recover, and with a chance of a 2nd...
Daily Chart TA created a month ago when gold was at the low 1700's.