Saturday 29 August 2020

Gold: A multi-year bull market

Gold seems to be printing a macro-level pattern, that if continued, would indicate a multi-year bull market for years to come. If this pattern plays out, it would likely yield a price of gold that is 2-3x the current price in 5-6 years. In this video, we discuss the fair-value logarithmic regression trend line, and identify the various phases of overvaluation and undervaluation. Do you think we could see a price or $5k-$6k in a few years? TA Video by Benjamin Cowen.