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The established financial world order of the past 50 years is now transitioning to a new and unknown paradigm as the petrodollar agreement between the U.S. and Saudi Arabia was allowed to expire this past Sunday. The term ‘petrodollar’ described the U.S. dollar’s (USD) role as the currency used for crude oil transactions on the world market. It traces back ...
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video Gold triggered a bearish drop below yesterday’s 2,311 low today, thereby triggering an initial signal for a small bearish flag from the past few days. Resistance for the day was seen at 2,327, which was below yesterday’s high of 2,342. Sellers have been dominating price action since. At the time of this writing gold looks like it will likely end ...