uup/gld

MacroView_Research MacroView_Research DXY, D, 10 months ago
DXY: #Dollar Showing Weakness, Intermediately Overbought
327 1 3
DXY, D
#Dollar Showing Weakness, Intermediately Overbought

The U.S. dollar went bid following rhetoric from Federal Reserve officials that a potential rate hike could occur in June, following hotter than expected inflation data. However, after posting on pending technical weakness here, the dollar has retreated slightly over the last few days. Price action as traded neatly within a descending channel on the daily chart, ...

Leclaireur Leclaireur SLV, D, Long , 2 years ago
SLV: SLV - Bounce off falling wedge success
152 9 1
SLV, D Long
SLV - Bounce off falling wedge success

Could possibly be bullish!

CosmicDust CosmicDust GLD/UUP, M, Long , 2 years ago
GLD/UUP: Given taper to continue, you want to bet gold or dollar?
66 0 2
GLD/UUP, M Long
Given taper to continue, you want to bet gold or dollar?

If you trust the chart (chart does not lie), GLD is the way to go! I know this defies common sense and logic.

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