
Gold vs. Global Currencies
Below is the weekly chart view of gold vs. the ‘Dollar bearish’ fund UDN. I get so caught up in the fascinating views of gold vs. the aspects of the cyclical, risk ‘on’ world (like stocks and commodities) but gold measured in local currencies is also important. We managed this chart in NFTRH, watching for it to hold the lower line (3rd arrow) earlier in … Continue reading Gold vs. Global Currencies