Loading ...On the last chart you posted, we are looking for that XAU/GOLD chart to move back up toward the .16 level, correct? That’s a long way from here. The shares would be just getting started.
On the gold chart, we have moved up over $900 since the last week of August. The moves have intensified as we have moved up $300 this week alone. It would seem that we’re going to see some really big moves up before we see a reversal/pause. Maybe we’ve already seen them over the last few days, but it doesn’t feel that way. I’m thinking this pauses when we see a $200-300 daily move up.
If Bitcoin/crypto is actually unwinding. The ride could be epic.