When the gold chart reverses (ABC) other markets tend to expand
We often see that gold are increasing together with stocks/crypto, we also se gold rise when stocks and crypto are down, but we do almost never se gold falling at the same time other markets are falling.
The gold chart looks like it on the way to reverse, this can give space for crypto and stocks to grow.
In other words, when people are flocking away from valuta and gold, people are looking for more risks.
Narratives such as rent cuts in september can give confluence with what we currently see here.
Is it time for more risk on in markets?
I will personally look for volum coming in to crypto and stocks in order to confirm this theory.
TAKE CARE
Sivertbb
My Little Crypto Association
The gold chart looks like it on the way to reverse, this can give space for crypto and stocks to grow.
In other words, when people are flocking away from valuta and gold, people are looking for more risks.
Narratives such as rent cuts in september can give confluence with what we currently see here.
Is it time for more risk on in markets?
I will personally look for volum coming in to crypto and stocks in order to confirm this theory.
TAKE CARE
Sivertbb
My Little Crypto Association
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