Gold did its thing in 2020, the worse financial year since WWII, and I have to say it was nothing impressive. Investors pilled up in foreign stocks and digital assets, gold resembles more and more a pure commodity than a monetary safe heaven. Currently is hitting the 200ma, and for me it will keep going down, perhaps to retest lower levels, after that a long consolidation. 'Gold looks tired and out of energy', capital is slowly leaving Gold towards other greener pastures IMO. 2021 will be worse for Gold than 2020.
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