Scott Shellady Discusses Takeaways From Rise In Gold Prices

Scott Shellady is optimistic on gold as an inflation hedge despite the current bullish sentiment on bitcoin. Despite higher inflation, Scott is looking for the foundations of a stronger economy before inflation becomes a pressing issue. Therefore, he needs a confirmation of gold above monthly technical resistance before he is strongly bullish on gold over the next four to six months.

Market On Close

24 Feb 2021

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