Gold has only one resistance point left: The all-time high

FXStreet/Mish Shelock/7-23-2020

“Gold does worst when faith in central banks is the highest. Greenspan’s great moderation is the best example. Greenspan was considered the great “Maestro” who could do no wrong. That theory crashed to earth in the DotCom bust. We have now had 3 major economic bubbles in 20 years. If you currently have any faith that Central Banks have things under control, then please explain where you got that notion.”

USAGOLD note:  Brief.  Logical.  To the point ……

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