Gold Update: No changes

Nothing new to add on Gold. It is as slow moving as molasses. It is still on positive divergence at this time. Economists are starting to say a recession is expected at some time this year so maybe that is the catalyst gold is waiting on to raise higher. It has always been a store of value and a commodity people flock to in hard economic times.

One question I want to leave you with concerning gold; is BTC replacing it? Many older investors are finally coming around to BTC and the potential it holds making it more mainstream. This is opening it up to more equity streams of capital. What does this mean for gold? Only time will tell...

Don't forget, beginning February 23rd, I will be dramatically changing my posting schedule here on trading view. My last regular post / update will be on that day.