BHP - Will a fed rate hike lead to a breakout in the SP? Long

BHP GROUP LTD NPV (DI)LSE

Description

⋅ Dec 21, 2021 2:44 PM

History says it will.

I expect next years rate hike will lead to a rally in PM's and commodities, as it did back in early 2016.

Comments

ScottGoldie

⋅ Jun 17, 2022 11:56 AM

back to 2400p having hit 2996p. Todays RSI is 37.7 and does show weakness, think a further drop to 2340p before considering an uptrend

Have held 900 since Dec 2008.

GLA

trutrader2005

⋅ Jan 7, 2022 2:06 AM

so GLD and SLV??