Gold’s acrobatics on support (Sep. 16, 2022)

Gold is testing the most crucial make-or-break support on the post-pandemic weekly chart. Further weakness will confirm the breakdown and the double top and will project a target price as lower from here as the distance between the support (ca. $1.670) and the horizontal resistance (ca. $2.080). Disclaimer> This post is informational only. This post […]

Gold’s properties in question (Aug. 30, 2022)

In case Gold pushes well below the $1,700 lows support, the long-term double top will be activated. Regardless if there is a breakdown, Mr. Market is seriously doubting the metal’s inflation hedge properties. Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size […]