The Decoupling of Gold
With today's historic move into new high ground for gold against the dollar, has this market finally decoupled from the other markets?
In this short two minute video, I will share with you what I think the next major technical level is for this market. We will also be looking at an indicator that is close to kicking in that could sharply accelerate gold's upward move. Gold has an enormous energy field below it that is capable of pushing prices significantly higher in the months ahead.
When a market makes a new high like this one, the pro's are buying as the line of least resistance is onward and upward.
As always our videos are free to view and require no registration. I would really like to hear your thoughts on this market. Please feel free to leave your comments on the blog.
All the best,