GOLD XAU (before you get too bearish)

5 feb 2021

These are the yearly pivots and CPR on gold. levels plotted at the start of the year. For over 2 decades nearly gold has generally hit its new yearly pivot in Q1 (if not then... at some point anyway) It seems as though since it is testing the new yearly pivot from above. that falls in line with some of the greatest run ups gold has ever had. Just food for thought