Market Vs Gold - MYTH BUSTED
After Russia started the invasion of Ukraine on 22-Feb-2022, Nasdaq increased 17% and then fell 31% (until 10th Oct 2022)
Precisely during the same date range, Gold rose 9.75% and then fell 21.94% - in Sync with Market
Similarly, once Israel Hamas war started on 7th Oct 2023, Nasdaq had a mourning for 2 days (fell down) and then had no stop rise of 47%
During the 2 days of "Mourning" - Gold rose for 2 days, then fell for 2 days and then rose 35% until 15 Jul 2024
Both Market and Gold Fell down together and Went up Together forming a beautiful Rounding Bottom Breakout
Then How are we saying Gold is a Safe Haven and when Markets Tumble, Gold will increase ????
Who is propagating this misinformation? And we have been blindly believing these Guys without doing our own Analysis for ages
These might have the fact during the World War II era or late 20th Century... But Grow up - the market is not the same 1 Century ago
Learn what is the Current Trend and Follow it. First thing - UNLEARN the Baggage that each of you are carrying (Traditional Knowledge which is no longer valid)
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Precisely during the same date range, Gold rose 9.75% and then fell 21.94% - in Sync with Market
Similarly, once Israel Hamas war started on 7th Oct 2023, Nasdaq had a mourning for 2 days (fell down) and then had no stop rise of 47%
During the 2 days of "Mourning" - Gold rose for 2 days, then fell for 2 days and then rose 35% until 15 Jul 2024
Both Market and Gold Fell down together and Went up Together forming a beautiful Rounding Bottom Breakout
Then How are we saying Gold is a Safe Haven and when Markets Tumble, Gold will increase ????
Who is propagating this misinformation? And we have been blindly believing these Guys without doing our own Analysis for ages
These might have the fact during the World War II era or late 20th Century... But Grow up - the market is not the same 1 Century ago
Learn what is the Current Trend and Follow it. First thing - UNLEARN the Baggage that each of you are carrying (Traditional Knowledge which is no longer valid)
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
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