The inverse relationship between XAUXAG and Gold prices is exceptionally strong.
I believe XAUXAG is currently going to continue declining for technical and fundamental reasons.
Fundamentally being that interest rates are likely to come down in the not too distant future and this market will be pricing that in.
Plan B is unlikely and will review if I get stopped out.
I believe XAUXAG is currently going to continue declining for technical and fundamental reasons.
Fundamentally being that interest rates are likely to come down in the not too distant future and this market will be pricing that in.
Plan B is unlikely and will review if I get stopped out.
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.
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.