Commodities

Is this the one?? $GLD $GDX

Gold has broken up. For now the precious metal is leading the charge in futures. Usually this has not been the case in the past. The leader was always the more riskier asset of silver, or the gold miners. But, every time is different and usually will only rhyme. Gold and crypto are higher into the weekend and if this breakout is TRUE then we are in for a whirlwind of currency fluctuations.

The dollar is about to get smoked and the metals and crypto breakouts should explode. Sorry gold bugs, you will gain but the crypto wizards will gain more.

So the question is, is this for real?

Related posts

Intermarket Relative Strength Analysis Report For The Week Starting 5/12/19 – Part 2

rollandthomas

Platinum – at a crossroads

Bit Brain

♻️ 3 Recent Examples of Corporates Which are Working to Counter Climate Risks ♻️

Mr. Crypto Lemon

Get involved!

Comments

No comments yet
Skip to toolbar