Its Over, page-14667

  1. 23,149 Posts.
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    ...XGD is down 13.8% since 12 Sept 22 (the start of recent market rout) , AUD Gold (physical) up 1.4% over the same period.

    ....as I stressed often, AUD physical(digital) Gold is safest approach to hold Gold during this period of market turbulence. Indeed, AUD Gold was 12% higher during the Covid crash period while all equities including gold equities went into liquidation mode.

    ....as I posted yesterday, the rapid acceleration of the AUD decline despite oversold is indicating something is not well. I am afraid that with the June lows support falling out tonight, the algos would cause large damage to stocks tonight.

    1 month view
    https://www.tradingview.com/symbols/XAUAUD/

    1 year view
    https://www.tradingview.com/symbols/ASX-XGD/
 
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