The Dollar is breaking out causing foreign currencies to fall under pressure. The Euro continues to breakdown and the Japanese Yen as well. This is putting pressure on commodities such as Oil and Gold.
GLD is breaking down through supports, targets to the downside are 158, 155, and 150. Possible round trip to Covid lows. Hang on tight Peter Schiff!
OptionsSwing Analyst
Daniel Betancourt
GLD is breaking down through supports, targets to the downside are 158, 155, and 150. Possible round trip to Covid lows. Hang on tight Peter Schiff! OptionsSwing Analyst
Daniel Betancourt
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Education first, profits second.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.