While he analyzes the cup and handle quite well and he is correct about gold really doing well when the stock market is out of favor, I don’t agree that the main driver of gold has been or will be, from money flowing out of stocks. As much as there will be a distinct tailwind generated when stocks fall for an extended period of time and some of that capital will flow into gold, the bulk of buying is coming from central banks around the globe. As the US dollar continues to experience a smaller share of both global transactions and global reserves, nations will be buying much more gold in the future. That will be the case regardless of how the US stock market performs. https://goldseek.com/article/status-golds-bullish-cup-handle-pattern