Following my previous post about the major trendline break. We see the market play out exactly as analysed. A clean break of the trendline, followed by a retest of the trendline and a continuation of the uptrend. Textbook technical analysis. Fundementally, the US Market is now starting to slowly see the effects of inflation due to the Federal Reserves Powell's...
Longer term perspective XAUUSD (GOLD). XAUUSD has broken well established trendline which has been acting as an upper bound for its trading range since Highs in August. Fundementally Gold should be transitioning to a more Bullish case as fed having been implementing quantitive easing (Printing Money) measures to stimulate the US economy over the past year. The...