Loading ...Quarterly
Firstly.. that +6 year bases gotta be one of the best looking things out there… just screams buy buy buy!!!
Now above 1600$ if it can close at current levels … gonna another buy buy buy!
Also got back my consecutive candle analysis from the toolbox… applied on quarterly candles… lots of noise removed…
You can see in a bull era…. we still many years left ahead of us. Sleep well at night!
Patrick, the fact that the Fed cut 50 points and the stock market went down shows how fragile this economy is. And despite the rout in the general market, this time PM stocks were up. Do you think this means a change?
The change was the Powell Pivot during the late-2018 melt-down. As seen with those 5 or consecutive green quarters gold has racked up.. amidst the continuous walls of worry.. and the every now and then bearish technicals on daily charts. I’m banking we’ll get more clarity end of march… as for the US equities next move and golds.
Thanks for your thoughts.