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Weekly Forecast – Gold, NASDAQ 100, EUR/USD, Silver, GBP/USD, USD/MXN, AUD/USD, Bitcoin
Gold markets have been bullish again during the course of the week as we broke above the $3500 level. The $3500 level has been like a ceiling in this market for some time and breaking above there obviously will attract a lot of headlines. However, it is probably worth noting that the Friday session is rolling back over so I don’t know that we have the momentum to truly clear this area quite yet. Regardless, this remains a “buy on the dips” type of market. I have no interest in shorting this market although I fully anticipate that it could pull back just a bit. chart The NASDAQ 100 rallied during the course of ... (full story)
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