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Peak Inflation, Precious Metal Bids, and Crypto Contagion

Mining Stock Daily

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The Gold Price Is Getting a Little Bit Overbought

Bartlett: Gold obviously having a very nice week even kind of sniffing out the inflation numbers back starting on what was it Monday or Tuesday. It tested that downtrend line earlier this week busted through that line good thing to see and then that next line of resistance was about 1740 as we speak gold currently trading on the futures basis 1755 give or take. I have the feeling that if you look at energy prices for example that we saw an intermediate peak and I think the coming months we're going to see lower energy prices, Bartlett says.

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