In the one of my previous prediction I've mentioned that gold will fall before it will rise.
Here I am now, more specific.
I think that these charts correspond what would gold looks like in 2 scenarious:
1. High Inflation, Printer goes brrrr
In that moment, when someone will be choosing from high inflation or save world economy they will alway choose B.
2. Moderate inflation longer time
It always takes time
Here I am now, more specific.
I think that these charts correspond what would gold looks like in 2 scenarious:
1. High Inflation, Printer goes brrrr
In that moment, when someone will be choosing from high inflation or save world economy they will alway choose B.
2. Moderate inflation longer time
It always takes time
Note
Exactly in these situations we see relative strength of gold.Note
Many indicators getting extendedNote
Plese write in comments how do you evaluate fair price of gold.
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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.