The Most Important Chart on Planet Gold
We analyse the US Dollar to death.
We have considered it THE most important chart on the planet.
Some are looking for it to rise and some are certain it will Fall.
I say who cares !
Maybe it will meander sideways vis a vis the Basket Case of Currencies which it is measured against.
THERE IS NO GOLD BULL MARKET UNTIL THERE IS A BULL MARKET ALL OVER THE PLANET.
This Perf Chart I built says it all.
These Perf Charts from Stockcharts are terrific for comparing sectors and in this case currencies.
If gold is a currency now then it is beginning to look like the strongest of them all
You can drag the cursor back on this chart to see longer time frames. The Default is 200 days
Also you can switch to “graph” style by clicking the icon ( bottom left)
Here is the link
https://stockcharts.com/freecharts/perf.php?UUP,FXE,FXY,FXA,FXC,FXB,CYB,CEW,GLD
Here is the graph ( screen shot)
Thanks for sharing 🙂