some longer term thoughts.
gold - it has double topped (in essence). has broken longer term trendline support. reckon it will break recent lows and hit 2267 ish. then move on 2223 and maybe lower leading into the election.
meanwhile the dollar - it needs to rise against all currencies leading up to the election this in turn should help inflation and give opportunity to rate cut.
2+2=5?
gold - it has double topped (in essence). has broken longer term trendline support. reckon it will break recent lows and hit 2267 ish. then move on 2223 and maybe lower leading into the election.
meanwhile the dollar - it needs to rise against all currencies leading up to the election this in turn should help inflation and give opportunity to rate cut.
2+2=5?
In tea leaves we trust!
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