Start of 2018, I had picked out Gold as the asset class of the year. Then Had a choice between Gold, Equities, OIL and then booming BTC to pick from. While Gold hasnt delivered it has emerged as the best performing asset class of 2018.
Coming to 2019- it looks like Gold is in a larger consolidation theme, ranging back to 2013 onwards. There seems to be not much of...
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in...
1. we are only entering a correction phase when equity price /value of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in...
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in...
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in...
Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1183.15 would begin in Midterm.
Technical analysis:
The RSI resistance #1 at 53 is broken, so the probability of beginning of uptrend is increased.
While the RSI uptrend #2 is not broken, bullish wave in price would continue.
Price is above...
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