Gold (XAU/USD) Weekly Candlesticks & Ichimoku Chart
With almost every central bank now ready to print unlimited amounts of money to support the financial system, fiat money will depreciate against hard assets over time. The deleveraging flows that led to Gold selling off should be mostly complete. Dips will be bought going forward.
Source: bloomberg.com
Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to the TRACKRECORD COMMUNITY which helps them to filter out the noise and condense only what’s important in the markets for the week ahead.
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