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Gold

4 Feb 2021 ‚óŹ 03:20 PM

Gold prices have fallen much more than silver because they did not go up and silver did. This may result in an inter-market divergence short-term which can actually be a bullish divergence when and if prices turn up from here. With the dollar making its last push higher gold also should be in its last panic in wave 2 down, and might end up forming a near double bottom close to the low of 1767 which should not get broken. Wave 2 would then be a double zigzag and wave 3 up should follow eventually. Even if this wave count proves wrong we may be in the late stages of this decline.

old prices have fallen much more than silver because they did not go up and silver did.

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