ruben_rodrigues

GOLD as an hedge against inflation?

TVC:GOLD   골드 (US$ / OZ) CFDs
How about Gold?

Gold was another rockstar assets back in the 70s during "The Great Inflation"

Since July 2020, it has been forming what appears to be a perfectly drawn ascending triangle.

If it breaks resistance, it will be trading in all time highs territory which is a major turn on to me as an investor because it could be making the headlines and trigger FOMO emotions.

Do you think it will break resistance or are you more inclinded towards a bearish scenario where it breaks the yellow ascending trendline?

Cheers,
Ruben Rodrigues
wwww.tenacioustribe.com
In The Chartrs We Trust
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.