BullsITrading

BullsITrading

Let's start with a bit of background information on Gold . There is something wrong with the predominant view about Gold, treating it as a safe haven. It is one of the most speculative commodities in the market, if not the leading one. After the global economic crises in 2008, immense volumes of liquidity and the declining treasury yields (ps. gold has an...

BullsITrading Updated 

First off, let's have a recap on the recent past of EURUSD: After 2008 global economic crisis, EURUSD started its downtrend (Phase1), which is yet to be broken looking at the weekly and monthly timeframes. After 2014 (Phase2), FED started its quantitative tightening policy that pushed EURUSD further down in the following 2 years, resulted as a sharp fall from...