With stocks selling off yesterday, the best they could do was touch the bottom of a bull flag in Gold.
The reaction today in Gold and Dollar suggests that if stocks sell off, people will anticipate more Fed easing and sell the dollar and buy gold:
I am wary of a potential pullback in Gold (miners seem open to a pullback here) but this bull flag is suggesting I should just buy n hold
The reaction today in Gold and Dollar suggests that if stocks sell off, people will anticipate more Fed easing and sell the dollar and buy gold:
I am wary of a potential pullback in Gold (miners seem open to a pullback here) but this bull flag is suggesting I should just buy n hold