Chris sits down with Charlotte Mcleod from the Investing News Network to discuss the upcoming big move in gold and the stock market in general.
Long story short, looking at the quarterly chart, gold has been in a very strong rally since 2019. Though trading in an overall sideways pattern, the bearish stock market may keep pressure on gold and precious metals from breaking out and starting a run to the upside.
Will a prolonged bear market actually benefit traders and investors? Understanding the four stages of the stock market, understanding the emotions and sentiment of the masses, and understanding the long cycles of the economy and stock market, will all help you gain a high-level view of where we may be going next.
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