Gold now is in major trend line going down(decending channel).
We are expecting it continue falling, watching this week how the price will react to the suport level 1173.94.
Share your opinion with us, and trade safe)
After discovering the World Currency Unit (WCU), essentially a basket of GDP-weighted currencies, and looking into how it was calculated, I realized it would likely serve as a better indicator of the Real Value of Gold & Silver.
I've been following this exact chart for a while now; Very interesting how well it's lining up with fib levels, as you can see. I've...