The bullish pattern in the gold ETF vs. the crude oil ETF is banging the neckline of a bullish pattern today.
The bullish pattern in the gold ETF vs. the crude oil ETF is banging the neckline of a bullish pattern today. Right minded gold miner bulls are not cheering for oil to drag gold upward in a hype-filled inflation party (with a side inflammatory geopolitics). They are wanting to see gold out perform oil going forward.
For “best of breed” top-down macro analysis and market strategy covering Precious Metals, Commodities, Stocks and much more, subscribe to NFTRH Premium, which includes a comprehensive weekly market report, detailed NFTRH+ updates and chart/trade setup ideas, and Daily Market Notes. Receive actionable (free) public content at NFTRH.com and subscribe to our free Substack. Follow via X @NFTRHgt and BlueSky @nftrh.bsky.social, and subscribe to our YouTube Channel. Finally, watch for ANS coming soon and check out Hammer’s trade (long and/or short) setups.
Comments
Log in or sign up to join the conversation.