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3 Metrics for Gold's Takeoff

by Ashraf Laidi
Nov 17, 2023 13:12

I hope Monday's video helped you clearly pinpoint what part of CPI you needed to focus on. That was straightforward, trigerring Nasdaq's 3rd biggest percentage 1-day rise of the year. Now, let's move onto gold. With today's plunge in 10-yr yields below 4.40%, is this the ultimate green light for gold and silver?? Not so fast. Here are the 3 key metrics you need: Start watching here from 7:40 mins and focus on the XME trendline resistance.

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3 Metrics for Gold's Takeoff - Eightcap Videocov Nov16 2023 (Chart 1)
  

 
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