The U.S dollar (Dxy) has been dropping for the past 2-3 days now off its 7-year bull run yet is starting to fall under support at 98.00.
This is a good position to enter as you have not missed out on any oppertunity because of this market volatility and uncertainty in the market.
I think we could see past 1500 but the question is, "what is President Trump going to do or tweet to send gold back down?'
With all these downward pressures on the market, think are going to get a deal, gold still seems to hold up in the long end which can be a significant sign of a huge buy oppertunity
This is a good position to enter as you have not missed out on any oppertunity because of this market volatility and uncertainty in the market.
I think we could see past 1500 but the question is, "what is President Trump going to do or tweet to send gold back down?'
With all these downward pressures on the market, think are going to get a deal, gold still seems to hold up in the long end which can be a significant sign of a huge buy oppertunity