Because you're looking at a very close range. It's not your meme coin to chart it on 4h timeframe or anything. Gold macro is bullish af. I understand the frustration about being a bad inflation hedge since like 2011. But it's our precious shiny metal for thousands of years. Don't be bearish about it. The gold breakout will be epic.
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It's not a bubble. The counterpart of this pair is a bubble. Unfortunately.
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This post just means buy as much as gold you can with your spare money and don't even look at the chart. Gold is obviously an investor thing. I'm not against trading it but I was just referring to some guys being like "Oops deviation here we go to 1500". Or even lower targets. It won't work.