On Friday, in the wake of the possibility of a Ukraine-Russia war, gold and related stocks saw a significant rise….
But what interests me are the weekly charts: if you see this list you will see that they all have very attractive reversal patterns: large positive divergences with reversal candles which – if confirmed – indicate a medium-term trend change.
the HUI in the monthly helps to understand where we are and the sharp correction seen in recent months could give way to an equally violent reversal.
Pause in the short but bullish approach in the medium term: attention to yields, USD and obviously the winds of war