Gold is going opposite the dollar (following the EurUsd)
I think the dollar is ready to rally (EurUsd is breaking down) - maybe today at the ECB meeting- and that might trigger the gold breakdown.
So all the bulls who are buying gold will be caught on the wrong side of the market.
I think the dollar is ready to rally (EurUsd is breaking down) - maybe today at the ECB meeting- and that might trigger the gold breakdown.
So all the bulls who are buying gold will be caught on the wrong side of the market.
Comment:
Breaking down.
It will be a scary breakdown.
It will look like 1000$ is coming...
It will be a scary breakdown.
It will look like 1000$ is coming...
We are going down.
This is a long looking short.