


ReadyInsight
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Joined Feb 1, 2018
beyondta
bitcoin
chartpattern
dxy
fundamental
gold
goldlong
trendanalysis
trendline
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The drop off cliff in oil (brent crude in USD) seems to correlate with a spike in goldUSD in times of uncertainty. In my opinion, gold per ounce is on track for $1,900+ within the year to date.
4
the spread long/short spread ratcheted up in a hurry because shorts feel by 66% like a rock... Sunday night.
2
I am long $GOLD before the rate hike next week. It is clearly still trending as a safe haven for a falling $DXY. The behavior in February was contrarian with the hawkish news from the Fed wanting to raise rates aggressively in 2018.
3
Switch to long on Bitcoin based on favorable price action despite a strong DXY and steady Nikkei index.
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