As Gold started an impressive bearish era, losing more than 200 points against all odds, now seems like a good time for it to calm down ;
Gold going down, as well as VIX in some way, shows that the economy is getting better, Gold only rises when the world falls apart (war, inflation, pandemics).
So with such a great leader it seems obvious that now gold is to come back to normal levels, and should not rise again, at least not so sharp, but for how long ?
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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.