Gold over 2K.
Seems like a range top to me.
Bearish Divergence is there too.
TIme is money? yea if you hold some short.
I'm seeing the Silver has already broken down.
And I'm seeing gold shillings in the newspapers.
USD strengthen, Higher risk free interest rates,,
Why do you hold gold that doesn't pay you any cash flow?
I learnt that when stock market drops, the gold will, too, drop.
It's not a safe haven asset, it is a highly manipulative asset, controlled by
the bank cartels. I don't think it will penetrate and break upwards
because, all the ETF fake paper derivatives do not have supply to deliver physical gold.
So till then, we will just range - range - range - range.
See you at $1850s.
Bye Bye studying for my CFA exam now, taken frm 1 few days ago.
Seems like a range top to me.
Bearish Divergence is there too.
TIme is money? yea if you hold some short.
I'm seeing the Silver has already broken down.
And I'm seeing gold shillings in the newspapers.
USD strengthen, Higher risk free interest rates,,
Why do you hold gold that doesn't pay you any cash flow?
I learnt that when stock market drops, the gold will, too, drop.
It's not a safe haven asset, it is a highly manipulative asset, controlled by
the bank cartels. I don't think it will penetrate and break upwards
because, all the ETF fake paper derivatives do not have supply to deliver physical gold.
So till then, we will just range - range - range - range.
See you at $1850s.
Bye Bye studying for my CFA exam now, taken frm 1 few days ago.