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Home / Analysis / Crypto Analysis / Gold should correct to $4100 range then start a new leg higher

Gold should correct to $4100 range then start a new leg higher

We are still respecting the uptrend support, horizontal support and 200 SMA by retracing to $4100. The reasons for golds run have not changed, debt is out of control, QE, stimulus and borrowing to pay for bullshit wars and paying the interest on entitlements, tax cuts. The national debt will continue to rise. Other nations will continue dumping US treasuries and trying to get off the US dollar to trade oil. This is all bullish for gold

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