Hello ๐ Based on the chart, the price is close to the support area and channel support โ๏ธ if the price doesn't break the support zone to the downside, we can see more gain ๐ฃ๐ otherwise we can see more correction โ๐งจ
๐ Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) ๐๐ก
Please, feel free to share your point of view, write it in the comments below, thanks ๐
Your lines are wrong. The dollar is in a downtrend not uptrend. We are breaking support this week as US treasury auctions $1.3 Trillion in bonds now that the debt ceiling allows it.
The Dollar and the S&P are in for a long overdue correction by 20-35% and the catalyst will be the selling of equities to buy all those bonds. The crash of 2023 is coming. Buy gold.
adoringOatmeal64548
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@tintweezl Your analysis is excellent, thank you, good friend
tintweezl
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@adoringOatmeal64548 Gold is up today. PMI data showed a surprise drop in sentiment vs an expected rise. There is a crash coming. Buy gold.
The Dollar and the S&P are in for a long overdue correction by 20-35% and the catalyst will be the selling of equities to buy all those bonds. The crash of 2023 is coming. Buy gold.