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SroshMayi
Sep 24, 2022 4:37 PM

Black week for all US stocks, currencies, and commodities  Education

GOLD (US$/OZ)TVC

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the topic important thing


Gold falls to its lowest level in two and a half years, with the rise of the dollar and the returns of the treasury.

Bank of America: Global government bonds are heading for the worst losses since 1949

The dollar index exceeds 113.2 points for the first time since 2002

Goldman Sachs: Inflation has proven to be more stable than expected and is unlikely to show clear signs of easing in the near term.

On the same week in 1985, the Plaza Agreement was signed in New York between America, Japan, France, West Germany, and Britain, which aimed to reduce the value of the US dollar against the yen, the German mark at that time, in addition to The US trade deficit with these countries.

For those who don't know it was USDJPY 232
Comments
keyus63
Thanks for the update.
What is the best approach should one trade or avoid trades this week.
Z-AHZ
ok, good information but what is your forecast for gold in long term...
will the dxy start to decline any time soon or we will see the 121-127
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