The ECB press conference starting in 15 minutes.
I'm still convinced Draghi will try to weaken the Euro.
SO at his speech I will try to add to my gold positions , DXY shorts and EurUsd longs.
It could be a good possibility for those who left at the station to buysome gold or Euro during the volatile session of Draghi's speech.
I'm still convinced Draghi will try to weaken the Euro.
SO at his speech I will try to add to my gold positions , DXY shorts and EurUsd longs.
It could be a good possibility for those who left at the station to buysome gold or Euro during the volatile session of Draghi's speech.
Note
1343 and 1337 are the 2 levels I'M BUYINGNote
Spike is coming at the end of the speech.As usual. Draghi is not changing.
Note
The dollar seems to breaking the trendline.Dont wait for gold to tag 1337
Note
Have to pick the position or you will be left at the stationNote
Trying to save the dollar from the breakdown.They should have done it at the 200 SMA. They are too late.
EVen if Draghi imports chinese Euro printing machines the dollar will break down.
Note
So I finished buying gold:1337$ and 1443$.
I'm in full position again.
We just have to wait for the dollar to break down.
Note
It's going to be a 100$ move to th upside so all the indicators and chart patterns what the bears are using not going to work. Smartmoney will not let retail to be in a move like this.Note
This is the new world of printing presses.Everything will be worthless in this inflation except precious metals.
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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.