Looking to the US stock markets we can see that the risk off sentiment continues. Price has recently broken the weekly lows and we should expect this to continue until the market shows otherwise. We could see this sentiment continue to the lows of 23560.00. If this happens we could see GOLD and JPY continue to rally. Keep an eye on the stock markets as they will be key in seeing long term moves.
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.