1. last quarter of 2021 - gold and index are correlated due to money printer and good news about the end of covid 2. Printing money stopped. Inflation continues to rise. Index fell. Gold and commodities rose. 3. Trends from #2 are continuing throughout the whole first quarter in 2022. 4. Index has 3 strong resistance levels. 5. Gold has 3 strong support levels and...
I believe that the chart is self explanatory. Last 2 consolidation I had drawn worked out very nicely.
November-December - LONG December-January - SHORT
www.tradingview.com All major currencies have capitulated. Will USD stand out for long? NO.
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