What's Gone Wrong For Gold Lately? For two months is a row, gold as experienced a downward trend.
However, with fundamentals now working in Gold's favour, including hyperinflation, USA's Debt-To-GDP ratio soon exceeding World War II levels, a "K Shaped Recession", the COVID-19 pandemic still looming, and Stagflation, you expect futures to go higher, not head downwards.
Its time for Gold to start cleaning up its act, and start head up to put us in line with the economic fundamentals and realities we are facing.
No more downward trends Gold, time to head higher.