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On the weekly Is a bull flag tracing out with a backtest of the breakout? Or did we just top and starting the collapse of the VERY long 30+ year bull market. This is why gold and stocks are reversing downward today.
On the monthly a bearish rising wedge?
Correct thesis.
All the rate sensitive stuff has sold off since Aug. Utles, REITs, etc.
And PMs. In lock step. Not a coincidence.
Maybe the bond bull is over, maybe not.
My EW on gold says not yet.
But you’ve made the connection supporting my (less than popular) LT outlook for gold.