Is Gold in bubble ?
hi,
This is not a chart for trading or to get entry/exit levels.
I remember in 2010 when newspapers/ news on television were beginning to focus on gold price (media attention).
From this point, i tried to find if gold have real similitudes before and after with a classic bubble. Obviously, it does.
This is theorical and not a trade plan.
Comments are really welcome but, please, avoid this kind of comments : "do it in log scale, you'll see the difference" or "The system is collapsing and gold can't go back as low as 600$, because gold is THE money" ;)
This is not a chart for trading or to get entry/exit levels.
I remember in 2010 when newspapers/ news on television were beginning to focus on gold price (media attention).
From this point, i tried to find if gold have real similitudes before and after with a classic bubble. Obviously, it does.
This is theorical and not a trade plan.
Comments are really welcome but, please, avoid this kind of comments : "do it in log scale, you'll see the difference" or "The system is collapsing and gold can't go back as low as 600$, because gold is THE money" ;)
הערה
Just a thought.The return to normal is maybe higher
This kind of news could help to see $800 in near future : dnaindia.com/scitech/report-new-faster-method-cuts-gold-extraction-cost-by-40-per-cent-2406589
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.