The graph clearly speaks for itself that we are on the edge of new prices for GOLD . Similarly the S&P 500 is also close to entering a new ATH as well. It just amazes me how Bitcoin is so similar to Golds Macro trend but it doesn't surprise me since these assets always move together. The reason why im so attracted to the Gold Futures Charts is because I strongly believe we are going back to A Digital Gold Standard. Since Nixon took the US dollar off the Gold Standard back around August 15, 1971, GOLD hasn't had much dominance towards leading asset classes into price discovery but this time its different.
評論:
Of course, we just made a new all time high and broke into price discovery