Commodities Analysis and Opinion
More Bad Technical Analysis from Gold Bears
2023.07.04 05:33
In terms of technical analysis, Bears are throwing shit against the wall to see if it sticks. First, Gold made a triple top. Now it could be forming a head and shoulders reversal pattern.
In this video I explain head and shoulder reversal patterns and why Gold has not formed one. I also opine on the fallacy that Gold will drop before a recession and Gold needs one last decline before a great buying opportunity.
