Is The Price Of Gold In A New Downtrend Or Stabilizing?

The WallStreetWindow Podcast

תוכן מסופק על ידי Mike Swanson. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Mike Swanson או שותף פלטפורמת הפודקאסט שלו. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

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In June the price of gold took a hit and fell from over $1900 an ounce down to $1750. It has since bounced back above $1800, but we saw a nasty down day in the middle of last week in mining stocks, although they bounced back Friday. How can we make sense of these gyrations on a technical analysis chart? Is this a new downtrend in gold and silver playing out or a simple stabilization?
I talk about these questions in this video.
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My interview with Ike Iossif about his money flow indicators can be found here:
https://wallstreetwindow.com/2021/07/sp-500-xau-gold-stock-index-update-ike-iossif-money-flow-indicators-mike-swanson-07-08-2021

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