#GOLD $1877
Has already broken out of the falling trend and seems to have started a fresh leg up towards existing highs and possibly even a new high as well!
Weekly chart so this would move up gradually. Support and resistances marked on the
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What my simple analysis showed was the decadal breakout in making in #Gold along with the outperformance over S&P500 #SPX
Result?
1850$ to 2070$
Updated chart https://t.co/l6pEGD7r6D
Result?
1850$ to 2070$
Updated chart https://t.co/l6pEGD7r6D

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
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