samstoobad

Could the gold bubble be about to burst?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking at the 3 month time frame we can clearly see a rising wedge. Could the gold bubble be about to burst? Bubbles are dangerous because the economy has been overstimulated, and once asset starts to sell off, the move down will happen fast. Bubbles crash because they go to such extremes by nature - when people are just investing in things because they're going up. What's your thoughts.
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