The most long lived and quoted Commodity Index in The Market.

Chartology 101

Breakouts get Backtested Often

Chartology 2.0

Strong Support once broken becomes strong resistance .

Anyone agree these are the scariest charts on the planet right now and also the most unambiguous ?

sheesh…now I depressed myself.

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Pollyanna the Pony (“Everything is fine”…look at all this Hay)

Mojo the Donkey ( My Ass it’s Fine , If you keep shitting and pissing on it soon we’ll be eating bark again)

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added

So lower Commodity Prices ( deflation) is Bad for Gold right >?

Not not right. When Gold trades even with Commodities…its a commodity. When it trades stronger its a monetary metal.