PRO_SMART_Trader

Markets' reaction to the US election results

Long
TVC:DXY   U.S. Dollar Currency Index

Regardless of which Biden or Trump wins the USA's election, we will see a decrease in the dollar index .
Last month, Goldman Sachs warned that the US dollar was in danger of losing its safe haven as the world's "main currency reserve."
With Trump's victory, the price of gold will be corrected, but we will continue to see the dollar fall by one side, and the price of gold to rise to the peak of $ 5,000; A process that goes faster with Trump than with Biden .

The CEO of # deVere Financial Institution also believes that the US election will increase the price of #Bitcoin, which is currently one of the best assets of the year, with an annual return of about 100% (so far). As a powerful stimulus to the United States, we can expect the world's largest cryptocurrencies to be refueled by 2020. As the level of political uncertainty rises and the Crohn's virus continues to escalate as China and the United States trade tensions rise, demand for safe havens such as precious metals and bitcoin that we'll expect the price of it to rise to the peak of $ 20,000t at least.
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out