So it seems like gold has form a nice base at 1800.
Cup & handle pattern will take the price potentially to long time resistance of 1833. On the back of a DXY dollar that a good pullback from last week Thursday, Gold is in a very nice position.
Compounded by higher inflation expectations and most probably the FED not really able to rise rates, with a US economy that is turning down, gold miners is most probably a good buy.
Cup & handle pattern will take the price potentially to long time resistance of 1833. On the back of a DXY dollar that a good pullback from last week Thursday, Gold is in a very nice position.
Compounded by higher inflation expectations and most probably the FED not really able to rise rates, with a US economy that is turning down, gold miners is most probably a good buy.