Gold is about to take off as there is still a little room left for a rebound in US bond yields. Silver should follow gold as it rises. The scale of this gold adjustment is very small because it is a 3-2 pullback. Although the risk of default on US bonds will not occur, Wall Street will hype it up.
Short orders of silver and gold can now stop earning and retreat. I see signs that the US dollar is about to collapse. A US bond default will become a crazy storm, leading to the Federal Reserve cutting interest rates. In fact, the current crisis in the United States is already very serious. If the Republican Party strongly demands the government to reduce...
In the next 20 years, gbpjpy is expected to have the best foreign exchange trading opportunities. It may increase by 2.5 times. It is unclear whether it is Japan's own problem, military threats from neighboring countries, or both. At least the UK is geopolitical secure, and Russia is about to disintegrate. Some people predict that the Bank of Japan may go bankrupt...
The US dollar will definitely counterattack in May. Don't buy gold and silver in May and July, as it will plummet. Gold and silver may experience a correction rebound in June. After July, the United States will cut interest rates, which is an open conspiracy. The Federal Reserve needs more bank failures to start saving the economy because the economy is a bit too...
With the recovery of the world economy, the overall trend of the US dollar is downward and very strong. The Federal Reserve may have to release water to rescue small and medium-sized banks in the United States. Currently, the market is in a correction trend and will continue until around mid May. The corresponding asset prices will change accordingly.
Faced with a huge decline, we have started to stay in COVID-19 again, hoping not to be infected again. Silver will be very bad for the next two months, don't buy it.
The dollar is about to return as the king. The Federal Reserve may want to increase its efforts to curb inflation, at least according to the chart, it is far from reaching the top. Only a deviation from the monthly line can reverse the bull market in the US dollar. The United States will never let the dollar lose its status as a settlement currency, but the result...
As predicted in my previous post, this gold pullback will make silver extremely delicate. It doesn't seem like a main upward wave, but rather a rebound. If the gold pullback is true, then silver is likely to collapse.
The Cross Star has announced that gold has reached its peak in the medium term and is about to decline by HKEX:235 , but this is a greater upward momentum. This adjustment can be attributed to the temporary easing of relations between China and the West, but it cannot be sustained.
Gold is still a bit closer to the top of the medium term, around $121, and will begin a relatively long correction. What is more interesting now is the significant correction in gold. How will silver go if it is so cheap at present? Will it fall crazily? Or has it fallen less than gold?
The dxy callback is nearing completion or has already completed. Next, it faces a 6.16% rebound. In recent days, I was infected with COVID-19 for the second time, and the situation was not very good. I had a long rest.
The EURUSD rebound is not over. There is another rebound. However, this rebound is for more losses. At present, the general environment is the correction of the euro, so don't expect too much. It may resume to rise in March and April.
The first round of adjustment of gold is about to be completed, and it will start a correction rebound, but it is difficult to break the recent high. After the rebound, it is likely to start a second round of decline. 0.886 is the most potential location because it is price-intensive.
From the perspective of wave theory, dxy has the last point of rising space. Gold will fall tomorrow and the day after tomorrow, and non-US currencies will also fall. But this time the dollar seems to be a bear market rebound.
Bitcoin went to the end unconsciously. At present, the 1-3 waves have been completed and come out of the extremely standard model. At present, it faces four waves of correction, and then rises again. So short first, then long.
In my personal opinion, the US dollar is in the end, and the Federal Reserve will continue to raise interest rates in the first quarter of this year. At present, I don't think we have digested this expectation. So the dollar is about to appreciate by 7%. Technically, it is also extremely bullish.
In the next two weeks, gold will collapse. First test 1782, then 1717. After this correction, it will be a perfect buying opportunity. This year, gold is very good.
The moon phase shows that in the early bullish period, the macd changes color and the rsi test is near 40. Three evidences show that dxy will rise for two weeks. Test 104.813 this week and 107.053 next week. Of course, dead cat jumps.