koryu

Gold seems back as a store of value

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koryu 已更新   
FX_IDC:XAUUSD   黃金現貨 / 美元
I am accumulating gold.

If people lose confidence in fiat currency there are only two exits: Gold and crypto.

The blue path is how gold moved from 1970-1980 stretched to fit with the last bull run. The current correction looks similar.

Technically gold is about to break out on the monthly rsi after retest the breakout of the falling wedge, seems bullish to me. Lot of upside, little risk.
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