Gold Price Plummets as Treasury Yields Soar. Where to Next for Gold?

Gold needs endorsement from mr tesla to start climbing :-))

forex market is kracino

Again that amazing graphic that tells it all. Just look at that tangle between March and April 2020 and the same tangle now February and March 2021. Lovely, in simple English it spells intensification down for Gold and up for Yields. Do you not need more "fundamental" analysis to so declare? Hell no, I am a chaotist so all I needed was to look back in history at both fractured lines (fractals) and using the Iterated Function Systems (IFS) sense or formalism of fractal geometry, worked out the Rules of Recursion and bang - I understood to apply in terms of timing moves by it. "Fundamentals" is not that sophisticated. So won't it fail? Only if you second guess it sometimes, i.e. by looking at other stuff like I did a day or two ago. But No it is a fundamental and therefore mechanical behaviour of the fractals when compared directly and probably complexed to infinity (i.e. true for all time frames). Looking at almost 5000 points on the day and expecting Gold at this point to take out 1723 (with more downside to come). Very useful learning (self taught) to read fractured lines - it is easy too (for instance if you ignore the big fat name (IFS) up there - it boils down to using the simple zigzag tool to behaviour sequence the 2 lines - but first you got to know the math, and that is the only hard part but it is graphical much like "technical" analysis but focused on the dynamics - and hence the true technicals of how price moves in time and not the heuristics plus scarecrows of "technical" analysis).

The Crow (-_-)