demand in precious metal stocks slide yields rise so lets say long on gold as the dollar drops to 2018 lows
possible double top to come or a clean break a support down but there are still buyers locked in not took profit yet so am expecting it to climb for a few days possible one thats today then break down if not the sell should take place on Tuesday into Wednesday. again my opinion
still bearish on this pair for many reason Monday to Tuesday shall be decisive
not a fan of of this pair but from stress testing it most likely than not to play out this way we have seen the US30 made a complete recover from pandemic point of view so we should see similar but again the amount of money will be owed by end of 2021 should cause some serious inflation on both sides of the ocean as IMF is beginning to feel the strain of borrowing
these lot are taking the piss sometimes when u think on it not one country last year to now had a good GDP let alone core retail sales and manufacturing but yet some how they keep going up on hopes from investor am sure but for the next four week we shall see how they face the sell off my opinion again
this pair as been ignoring all sell signs i live in uk and our core retail as been shit since covid but some how the whole week they been bullish despite the dollar pushing so now am sure there is something going on with this pair and in due time it will sink deep while Boris does not care due to his newly found relation with Australia. hes copying there style on...
silver and dollar rise as precious gold still gets more suppression my opinion and analysis
still bullish bias on this pair even though they pushed the dollar weaker towards the week ending
i still think most of these USD pairs was manipulated on Thursday and Friday that is just my opinion from the news because the dollar sank when it should have rose above resistant that to me was a huge impulse move next week i am hoping to see the correction even with gold trying to recover when its should have dropped to 1749.00 and its stalled silver rise and...