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Gold Gann Angle Update
Created on: 4/9/2021 7:06:55 PM
gold-gann-angle-updateThe Biden Yellen team have made their play, and it is not US dollar friendly.

Janet Yellen speech named "International Priorities — Remarks to The Chicago Council on Global Affairs" (here) can be summed to (via Luke Gromen) :


The US is accelerating a move away from "subjugating the US middle and working class to support the USD", to "subjugating the USD to support the US middle and working classes".



Well the above is true, but as we all know large US deficits and the trend of the US dollar are joined at the hip, and that trend is down 'huge'.

Gold has pulled back recently and the question is: Is the low in?

Gold has pulled back to 1x4 Gann Angle, plus the 'T Theory' indicator suggest a low is also in, so this blog sides with the positive and continue to look for higher gold prices.



Gold Gann





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Investing Quote...

.."I latter told my students, 'think in waves' [of price and volume]"..

Richard D Wyckoff


.."It's easier to fool people, than to convince them they have been fooled"..

Mark Twain


.."A government is the most dangerous threat to a man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims"..


Ayn Rand

.."We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission"..


Ayn Rand

.."Just because you’re taught that something’s right and everyone believes it’s right, it don’t make it right."..


Mark Twain

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