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If you watch this channel then one of the leading indicators is not unknown to you but is the case for most. Gold against foreign currencies (also Gold multiplied by the US Dollar Index) has been a trusty leading indicator for the Gold price for decades. It showed negative divergences to the Gold price in the 1980s and 1990s but since then has consistently made new highs before the Gold price. Now, Gold against foreign currencies is only 4%-5% from making a new all-time high. If that occurs, it would suggest the Gold price would follow suit and make its own all-time high over the weeks or months ahead.

The other leading indicator is Platinum, which led Gold during major bottoms in 1976 and 2000. The 2022 bottom in Gold could become a very significant bottom. Platinum bottomed before Gold and has been leading Gold for quite a while. These are two more positives for Gold.

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