Sitting at post Covid 2020 and late 2018 lows now. Still in a heavy downtrend bottom not confirmed. Interesting the current inflation and interest rate rises are making the $US stronger even after the Fed printed a gazillion of them. Gold traditionally holds its ground during such times and the physical still looks good as a hedge.
Curious if Uganda's announcement if believed of finding trillions in gold has weighed the goldies down.
NCM Price at posting:
$19.67 Sentiment: Hold Disclosure: Not Held