still a bear market for the most part but it has reached a low where buyers like to step in a lot from looking back at past structures
just going to follow the market until the sell triggers my alert lets see how it plays out
demand in precious metal stocks slide yields rise so lets say long on gold as the dollar drops to 2018 lows
possible double top to come or a clean break a support down but there are still buyers locked in not took profit yet so am expecting it to climb for a few days possible one thats today then break down if not the sell should take place on Tuesday into Wednesday. again my opinion
still bearish on this pair for many reason Monday to Tuesday shall be decisive
not a fan of of this pair but from stress testing it most likely than not to play out this way we have seen the US30 made a complete recover from pandemic point of view so we should see similar but again the amount of money will be owed by end of 2021 should cause some serious inflation on both sides of the ocean as IMF is beginning to feel the strain of borrowing