Louise Yamada: After Gold Breaks out of this Range, 1800 is the Next Big Target

Palisade Radio, Released on 1/2/20

Louise discusses her interest in technical analysis and the signs that we remain in an uptrend within the stock markets. She cautions that the markets are gradually getting less attractive each year since we have been in a bull market since 2009. We remain in a consolidation period for gold, and this is a good sign of an emerging bull market. Lastly, she outlines some of the changes that have occurred in recent years with a lack of stock splits and the resulting effects on volumes.

Time Stamp References:
0:40 – Technical analysis and the S&P 500
4:50 – Outlook for gold and consolidation today.
8:30 – Targets and resistance levels.
10:45 – Lack of stock splits and share volume issues in today’s markets.
13:20 – The technology sector will likely continue to outperform.

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