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" ;)
ملاحظة
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
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.