The Solid Blue curve is a real trend. The local Red Horn is evidently present. The Dashed BLue, much lower is also a real trend.
I perceive that the Gold Jag will continue rising along the Solid Blue trend.
This is consistent with a perceived decline in the DXY
I perceive that the Gold Jag will continue rising along the Solid Blue trend.
This is consistent with a perceived decline in the DXY
Comment:
Its testing the resistance of local Solid Red Horn. Its already pricey . . . wile Platinum is a much better deal, in the long run. Global monetary policy and thirst for Au abroad will conspire to curb the noble metals further climb . Solid Blue trend is looking steep; a bit much. . .
Comment:
This chart has been superseded by a later , more updated chart.
