There are two historical examples of sticky commodity prices and rising Oil prices leading to end of long corrections in Gold and the next leg higher. Be aware of this potential catalyst if commodity prices remain sticky into 2022.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.