XAUUSD - Gold - Big Picture - Long Term
The U.S. Dollar is too strong at the moment. XAUUSD (Gold) may go a little lower. What also bothers me is that double tops. That is a strong rejection.
Additionally, a recent study shows that many new Generation Z are interested in Cryptos NOT Gold. Basic supply/demand indicates that there might be less demand for Gold. Things have changed a lot since the World Wide Web. Gold and Silver may not be a thing to invest in any more.
Additionally, a recent study shows that many new Generation Z are interested in Cryptos NOT Gold. Basic supply/demand indicates that there might be less demand for Gold. Things have changed a lot since the World Wide Web. Gold and Silver may not be a thing to invest in any more.
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