Gold Technical Pulse: Sep 29,

I saw a ton of weekend reports from self-proclaimed “renowned” analysts declaring that gold had finally formed a bottom. Confidence was high. Headlines were cheerful. The bottom, apparently, had already been certified.

Meanwhile, members of the Investing Angles caucus could probably feel a little more relaxed after riding the bearish flag we discussed in the Weekly Report. Monday’s 4% drop was quite spectacular — and, frankly, exceeded even our rather modest expectations.

Now gold has bounced, and the bottom calls are back almost as quickly as they disappeared.

So, before we start handing out certificates again, let’s dig a little deeper and see what the charts are actually saying.

Full article (free access): https://investingangles.substack.com