LeynadV

Gold Cup & Handle - 3000k?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
It's been a while that inflation is present and more than ever it's here to stay. While doing regressions I could notice that the precious metals do incredible well when inflation is over 6-8%. In this macro scenario, I have very good reasons to say that inflation is here to stay.
At the same time, the golden metal is doing a beautiful cup & handle which is a very bullish signal.

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