An absolutely insane chart on Gold.
In 2020, the first move upwards took place.
Now, the second leg upwards has taken place, resulting into a move of more than 100% on the asset itself.
Great for everyone in commodities, as Silver and Platinum are following hand-in-hand.
However, I do think that we'll stall for some time. I don't know how long, this could be 3-6 months, this could be 1-3 years.
Gold is in a bull market, however, during those windows of stalling, those are the windows where risk-on assets are likely going to yield a higher return.
That's what #Altcoins and #Bitcoin are also likely going to do, and, on top of that, the ceiling has increased substantially by this latest rally of Gold. $BTC
BTCUSDT
Perp
90,034.7
-0.44%
ETHUSDT
Perp
3,110.25
-0.28%
BNBUSDT
Perp
897.21
+0.87%
