Dollar continues to be stuck in a rut. Since Jun we haven't broke out of this range.
With the Dollar on the rise & the main focus on Bitcoin my levels for Gold point downward. Which if you think about is kind of awesome in many ways. Is it the pull back before the next extended climb OR is Bitcoin, REALLY THE NEW GOLD. 1845 the mark for me.
Bitcon has not took a dive with the rise of the dollar. If BTC breaks 1380 it is my amateur opinion it would mean it's about that time all Bitcoin enthusiasts are waiting for.
It's the short for me! Gold barley moved with this recent dip in the dollar. Probably because everybody was paying attention to BTC. Is that macro or naw??
I didn't expect this long of a consolidation but the market does its own thing, what can you do. STAND YOUR GROUND! 😁. Still expect AUD to break to they upside. Go long literally.
Fumbled this breakout. But another is set to come soon. At this point will most likely bounce & retest before doing so.
I've been watching these two for about a month. They move similar to each other, I'm guessing it's because their movement is mostly based on the dollar. The 2 other currencies alone are probably always weaker than the dollar. So far that's been easy to track since you pretty much only need to watch dollar strength. So far. In my opinion.
We've been consolidating for a bit but we're still on track. A lot of breathing room.
Added to my position in WKHS on the dip. I'm hoping it's formed a new support at 22. Long hold.
looooooooooooooonng. This is going to take a while.
I've put in a buy at $20. Long term pac-man hold.