GOLD 0.51% $1,391.7 gold futures

gold, page-98216

  1. 32,985 Posts.
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    Not a very convincing one, this is what a double top looks like. Short term double tops are notoriously unreliable, and I can tell you with a great deal of certainty that the DJIA will not implode to 20,000 as you imply. Nothing goes up in a straight line. The DJIA like most indices has had an amazing run, so it's entirely normal for there to be profit-taking occasionally.

    The US economy's on a roll, and it's going to get a lot better once the virus abates. We'll look at it again in a couple of weeks time.

    And gold is very likely headed lower.


    https://hotcopper.com.au/data/attachments/3380/3380024-00495fdecf266e2ba1c572cc7ff320ad.jpg





    Last edited by Skol: 20/07/21
 
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