#Gold will lose steam if yield does not relent..
Yield is the pivot of the world.
Yield is not relenting.... this can result in some major impact down the road. pic.twitter.com/DvkOUl20Ph
— Alok Jain \u26a1 (@WeekendInvestng) March 18, 2021
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From 1850 to 1990$ - the GOLD is getting more interesting. I will be adding up more if the resistance is taken off and the price follows through.
GOLD https://t.co/l6pEGDpAkL
GOLD https://t.co/l6pEGDpAkL
Most interesting chart:
— The_Chartist \U0001f4c8 (@charts_zone) February 12, 2022
Orange line = Gold
Blue Curve = Gold/S&P 500
Previously the ratio crossed 50 days MA in Feb' 20 with Gold giving a breakout on the charts. The previous cross of 50 days MA didn't result in gold breaking out. pic.twitter.com/HRG1fvsILp