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Gold Spot / U.S. Dollar
Feb 15, 2024
XAUUSD?
1
Grab this chart
Grab this chart
My thought is DXY will be strong till June.
Reason: Rates will be kept high till ; I read June/next revision.
It will pressure gold till then.. and real traders will liquidate USD batch by batch.
Push = liquidate
Pressure = accumulate
Moving B and T is not easy.. elephants and whales move slow..
The reaction of 5-10% will take months.
I'm not a guru
I don't move millions :)
Just smone you stumble in www
All the best guys
Keep doing our analysis.
Meantime; there wld be new news.. always be on alert
reazosman
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reazosman
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