Gold about to regain its luster
This monthly chart of gold reveals something very interesting. Gold has had a bit of revival this year but the momentum seems to have stalled a bit. The beautiful reversal pattern in the chart though seems very bullish for gold. Sure, it may see a bit of down move to 1200 - 1150. But that would be a massive buying opportunity to ride till 1500 levels.
This also is an ominous sign for all risk assets. See my related post in the link below. Tread very carefully.
This also is an ominous sign for all risk assets. See my related post in the link below. Tread very carefully.
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