Comments on: Gold, Silver & US Dollar Analysis https://rightsideofthechart.com/gold-silver-us-dollar-analysis-5/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 19:15:29 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/gold-silver-us-dollar-analysis-5/#comment-19918 Wed, 09 Sep 2020 14:36:43 +0000 https://rightsideofthechart.com/?p=202585#comment-19918 In reply to wilhud.

Agreed 100% on the global debasement of currency & I’m also very much open to & leaning towards the scenario of a resumption of the bull market in gold once the current overbought conditions & divergences are worked off in either the form of sideways consolidation or a correction in the metals & miners (or a combo of both). Thx for sharing the chart & your thoughts.

]]> By: wilhud https://rightsideofthechart.com/gold-silver-us-dollar-analysis-5/#comment-19914 Wed, 09 Sep 2020 06:22:41 +0000 https://rightsideofthechart.com/?p=202585#comment-19914 What will be telling is if we start to see gold advancing with a strengthening dollar. The global debasement of fiat currency is real, which is why I remain a long term gold bull.
If we do get a decent flush on the next proper market sell off it could be a gift and the last chance around these levels before the next leg up.

GDX / GDXJ on the weekly chart putting in several weeks of consolidative gains, which is starting to look very healthy for the next leg up. I am looking to add on a break above this flagging action.

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