IT'S GOING TO TANK, NO WAY AROUND IT.
1. A reason for my confidence in gold/silver trade through July 10 (and then to Aug 22) is bc the regression curves for gold/silver are in step with the Dollar index.
2. Is this rare? YES!!
3. This is because they do not correlate usefully unless your time frame are SEVERAL YEARS.
4. And even in gold bull market, tops and bottoms have SIGNIFICANT MISMATCHES when you line them up.
5. BUT FOR THE NEXT 100 DAYS, THEY ARE STEP-BY-STEP.
1. A reason for my confidence in gold/silver trade through July 10 (and then to Aug 22) is bc the regression curves for gold/silver are in step with the Dollar index.
2. Is this rare? YES!!
3. This is because they do not correlate usefully unless your time frame are SEVERAL YEARS.
4. And even in gold bull market, tops and bottoms have SIGNIFICANT MISMATCHES when you line them up.
5. BUT FOR THE NEXT 100 DAYS, THEY ARE STEP-BY-STEP.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.