Chart request - RRL, page-167

I agree, usually at a point like this id like to see a pullback from people taking profits. Bringing new holders on at higher price - hence the higher highs and higher lows on a bull run.

I kinda of see it different and I may be wrong. The considerably high short positions mixed with the real uncertainty of the gold price is making everyone a bit nervous and RRL could just keep pushing. It happened in coal and iron last year. Same story with the shorts.

Gold has gone sideways for 7.5 out of the last 9 years. Historically when gold does finally go for a run it does so in a dramatic fashion. Gold also became a tier1 asset from July21 in Europe/USA and Jan22 in England. Central banks have been accumulating Gold and are now incentivised to do so. We won't even mention stimulus.

I'd say its in the worlds interest for gold to be re-rated higher to cover some of our debts and get us out of trouble. Especially the USA which will have a domino affect and help the whole west.

Will gold rally to 3k? or 10k hahaha I don't know this war could end tomorrow and we could crash to 1700 for all I know.