Long Gold. Fib Extension
https://www.tradingview.com/chart/9dzmpjuK/
Yields continue to drop and will drop after a dovish fed does not hike. The hike, if any has been priced in as observed in TNX, US10y or DGS10. This move will likely take place before the FOMC meeting. I still see 1580 in the not so distant future. Perhaps by mid or end of october.
Yields continue to drop and will drop after a dovish fed does not hike. The hike, if any has been priced in as observed in TNX, US10y or DGS10. This move will likely take place before the FOMC meeting. I still see 1580 in the not so distant future. Perhaps by mid or end of october.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.