How high will gold prices reach? They will rise in proportion to the U.S. debt.
Today, we will study the relationship between U.S. debt and gold prices during these periods. We will also explore how high gold prices might go and how soon they could reach these levels.
Micro Fold Futures
Ticker: MGC
Minimum fluctuation:
0.10 per troy ounce = $1.00
Disclaimer:
•...
Gold rush up accordingly to each major news during the bank run crisis in March.
Problem seems to subside for now. We will explore the possibility of a contagion effect to a wider bank run in this video.
A story of having too much money problem
• It is a bank – need to pay interest to depositors
• During pandemic - invested 10yrs bonds yield average...
The same divergence we saw on the 4H TF is spotted on the 1H down to 15min TF. Price finally reacted to the upside. Anticipating a continuation probably after a retracement
I beliieve we are going to see a turning point on the level and gold will starting shooting up to make higher high for the next quarter. Price is reacting to the Demand level on higher timeframe and also we notice a divergence on the oscillator indicators
Hey traders, in the coming week we are monitoring XAUUSD For a buying opportunity around 1840 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
This rounded momentum base is just starting to accelerate toward $2100+. The recent downward price trending, related to the shift in capital in the global markets, sets up a very solid rally base. $1900 should continue to act as support. This next rally may be very explosive.
Get ready. The global markets are already 24+ months into a long-term Depreciation...
Price pulled back to 8 months ema and from here we should see a massive historic rally in gold.
IGNORE my previous post on gold. Its too RISKY to short it (countertrend) it in these conditions. Bearish pullback might be OVER!
Price closure above 8 ema on daily will trigger bullish signal (we are still below).
