Gold 29032021
From what we can identify, we believe that action prices are under pressure due to market fear and uncertainty. DXY value is rising.... How, is that even possible while Fed is printing money like hell and by economical theories the value should not see a rise due to - Supply and demand concerns.
Anyway, we have seen a bull price action the last few weeks, and we are currently from my point of view, having a healthy market correction. We had a period of overselling and we need to consolidate the reversal upward trend.
Never forget that gold has an intrinsic value.
regards and all the best,
Kevin
Anyway, we have seen a bull price action the last few weeks, and we are currently from my point of view, having a healthy market correction. We had a period of overselling and we need to consolidate the reversal upward trend.
Never forget that gold has an intrinsic value.
regards and all the best,
Kevin
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.