Don't Fade GOLD

GOLD has pulled back toward the year lows, and everyone’s asking whether this is the discount to buy. In this video I explain why cheap isn’t a reason to buy. Higher energy prices are pushing central banks to hike, the FED has started hiking under Warsh, and core CPI and PCE are heating up. Until that changes, the context for GOLD stays bearish. 00:00 Is this the bottom? 00:31 Cheap isn’t a reason to buy 01:08 OIL, Iran & the GOLD top 02:26 Why OIL is bearish for gold 02:50 The 2022 playbook 03:37 What will the FED do next? 04:02 Warsh comments 05:31 Core CPI & PCE heating up 06:47 So, is it time to buy? 07:00 What would change it Telegram Channel: https://t.me/BeSomebodyFX Website: https://besomebodyfx.com Private Network: https://besomebodyfx.com/besomebodyfx-network/ Instagram: https://instagram.com/besomebodyfx X: https://x.com/BeSomebodyFX DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.