Gold price closely mirrors 2011; is a crash coming with no recovery? Gary Wagner

Gold's price pattern from January, 2019 to 2021 mirrors that of gold in the same two-year period, starting from 2010; both time periods saw gold rise to a top in the third quarter and both times saw prices drop from its high in almost identical magnitude and timing.

Gary Wagner, editor of TheGoldForecast.com, said that this similarity should diverge and in time, gold will climb out of its current consolidating range.

0:00 - Gold now vs 2011
6:08 - Gold's fundamentals
9:02 - Fed meeting this week
9:49 - Gold's key levels
12:41 - Bitcoin

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