Gold is having a stunning rally,
but we need to see the $XAU:$GOLD ratio break out and run. Hasn’t happened yet.
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* ADVENTURES OF GOLDBALLON
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WE ARE
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* 34% OF CANADIANS UNVAXXED
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NATURAL VS ARTIFICIAL IMMUNITY
*DECODING THE NWO
PRE EXISTING T CELL IMMUNITY
THE SPANISH FLU OF 1918
THE ORIGINS OF COVID
POSTING INFORMATION
Nice looking chart, S.F.
It looks very organized.
Who paints these charts?
Bonus Question: Who slept longer, $XAU or Rip Van Winkle?
“There is a time for many words, and there is also a time for sleep.”
– Homer, The Odyssey
Nice you guys! I almost thought I was watching Blue Bloods and Frank philosophizing.
Question for NNNNNOOOOOOOORRRRRRRTTTTTTTHHHHHHHH SSSSSSTTTTTTTAAAAAAAAARRRRRRRRRRRRRRRRRRRRRRRRR
What if this is a false breakout in gold.
What then is the likelihood of us seeing a higher low coming in at the 1220 range.
Where have you gone NorthStar?
Wondering the same.
I know you’re just looking at XAU, which includes silver stocks, so it will probably be last to breakout in price. But, Michael Oliver has GDX outperforming Gold via momentum and spread analysis two Friday’s ago and this past week has GDX outperforming S&P 500 as of this last Friday. Where momentum goes price follows. I don’t think this is a false breakout, especially when also considering Northstar and Graddhy’s cycle/chartology work, and various EW guys work (Avi Gilburt and Sid Nelson). All point to higher prices in the mid-to-long-term, especially with the dollar also breaking down.