GOLD 0.51% $1,391.7 gold futures

gold, page-92316

  1. 1,674 Posts.
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    Well the gold pullback has continued longer than I expected, especially given that indexes and other commodities are still grinding up.

    This indicates to me the market is still cautious about deflation, despite money pouring into equities. Hips don't lie. Incidentally, many indices are primed for a pullback on the weekly and monthly timeframes. Marching towards the endgame.

    Monthly NASDAQ chart. Have to laugh at the volume.

    dhttps://hotcopper.com.au/data/attachments/2903/2903520-d2a666013f443c83b44b0d618011a181.jpg

 
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