Gold Spot / U.S. Dollar
Long
Updated

If U Lost Long In #GOLD #SILVER Could Be The Answer

1654
If U Lost Long In #GOLD #SILVER Could Be The Answer

Good Morning Guys,
As U can see in the chart we have a nice structural similarity between these two commodity pairs.
Well now is time to find a nice entry so we could catch a huge movement in the coming 2 weeks maybe.
Looking at correlation analysis we have a R of 0.782
With A Significant Positive Correlation
snapshot
At the same time as I have said before, the GOLD same with SILVER at the beginning of July in a seasonal analysis is when it shows the greatest growth and liquidity. I stay bullish.
2010-2019
snapshot
Note
As expected if u hold u are amazing price rise 14%
Note
30% Increase since we buy at 17.50%

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