With 10year treasury yields under pressure, high inflation, with expectation of a higher inflation print this coming Thursday, together with a weak dollar, this inverse head&shoulders pattern (hourly graph) has a very high potential of taking gold even higher.
Together with the ZAR that has reached a short-term bottom, I am bullish on gold miners having another bull run.
Together with the ZAR that has reached a short-term bottom, I am bullish on gold miners having another bull run.