“The USD has been so strong that now across pretty much every fundamental valuation framework that we use, whether that be through looking at some averages of interest rate differentials and US vs macro growth, it seems overvalued.”
So then now we can see some evidence that inflation is cooling in the US which maybe gives the FED time to pause from it’s hawkish stance, from that source i believe it’ll become psychological mine for markets to release some their passive safe haven assets to drive on real sectors.
I believe that the closing of gold’s market today 28th April 2023, it will magnetly retraced to the April’s lowest spot.
So then now we can see some evidence that inflation is cooling in the US which maybe gives the FED time to pause from it’s hawkish stance, from that source i believe it’ll become psychological mine for markets to release some their passive safe haven assets to drive on real sectors.
I believe that the closing of gold’s market today 28th April 2023, it will magnetly retraced to the April’s lowest spot.
