Monday 22 March 2021

The Gold Chart You've Probably NOT Seen

The gold chart you've probably not seen. Last year when gold reached the 2075 level in August 2020, we were warning of a potential correction in metals due to the parabolic, overbought and overbullish nature of the market at the time. Since then gold has dropped by about 18% (peak to trough) in a major correction. Interestingly gold topped last year at the same time as another key chart (which we shall show in this video). We shall look at the charts of bonds, interest rates and gold. TA Video by Alessio Rastani.