Louise Yamada Sees Gold Surging to New Highs

The video tutorial explores the current state of the gold market, focusing on technical analysis and potential breakouts. It discusses the implications of the Dow to gold ratio, highlighting historical trends and future possibilities. The session also examines the GDX and gold miners, considering their market potential and relationship with gold prices. The analysis is supported by technical indicators like MACD, providing insights into possible market movements.

What is the significance of a symmetrical base in technical analysis?

• It shows a market correction is imminent.

• It suggests a stable market with no price movement.

• It indicates a potential for a price drop.

• It implies a potential for significant price increase.

What does a rising line in the Dow to gold ratio indicate?

• Gold is outperforming equities.

• The market is experiencing high volatility.

• Equities are outperforming gold.

• The market is in a bear phase.

What could a breakdown in the Dow to gold ratio suggest?

• Gold may start to outperform equities.

• Equities will experience a significant rise.

• The market will remain stable.

• Gold prices will fall drastically.

What is the historical relationship between GLD and GDX?

• Neither has shown consistent performance.

• Both have performed equally well.

• GLD has historically done better than GDX.

• GDX has consistently outperformed GLD.

What is the potential target price for GDX if it breaks through 32?

• 50

• 40

• 30

• 20