WE expect US dollar to fall and the bond market to be propped up to force money into stocks and push stocks higher
If gold falls --> Dollar go up --> the whole world falls in terms of fiat purchasing power --> Chaos
Will they kill paper gold once and for all and make the world's fiat burn?
Debt has risen since 2011 why has gold and silver gone...
We have been wrong about how far they are willing to take the world down the shit hole once again just to surpress gold in $
Buyers should come in here
Hard to justify a sell
Crazy divergence daily RSI
US dollar craziness
10/30 spread craziness
Stock market will not make new gains if gold continues to fall either
They have to make up their minds now --> FED
RSI is at 22 and will go below 20 if gold consolidates around 1247
last 3 times RSI was this oversold we had huge reversals!
ITs crunch time
if dollar continue to strengthen emerging markets will slow down global grow and gdp for us further
also notice deutsche bank 8.8$ prev today. Plot deutsche bank and leman and wonder why no media has been reporting about...
Obviously we're very bullish on ripple & xrp. Ripple already have 25b cashflow and 0 debt which it can reinvest into the xrp eco system as we have already bear witnessed through donations to several projects.
No matter if xrp and all cryptos be valued as securities or as a new class xrp will skyrocket. Every week since september new banks, new partnerships has...
Conservative stoploss under the chaotic volume vacuum environment ≈15.9 with a t1 @ 20-21$
Higher % of this breaking out than breaking down based on several factors in todays economic environment.
Trade with care
Only trade what u are willing to loose
Conservative stop loss for a continuation of higher lows >1236 for 4+ pattern of bullish trend. Conservative stop loss would be 1230-> 1236 if betting on higher lows.
On lower time frame bearish divergence is building up, RSI is heading oversold.
In the world the us dollar needs to weaken in the coming weeks else big trouble abroad and for the stock...