Hii @themaestro i saw you post and i enjoyed your analysis on graph, could you please have a look on my daily analysis for Gold and give me your opinion. https://steemit.com/gold/@ohamdache/6mwd5y-midday-update-of-gold-28-06-2017
Hii @themaestro i saw you post and i enjoyed your analysis on graph, could you please have a look on my daily analysis for Gold and give me your opinion. https://steemit.com/gold/@ohamdache/6mwd5y-midday-update-of-gold-28-06-2017
Sure. While your levels are solid, I disagree with your daily analysis. I think gold ends the day higher considering the GOLDSILVER chart: https://steemit.com/gold/@themaestro/usdgoldsilver-the-anatomy-of-a-failed-cup-and-handle
Well @themaestro it depend on the market moves.
So we will see what will happens as we can adjust our analysis directly when we see a strong movement.
Right now, it appears that bonds are selling off. The question is: WHERE is the money flowing? I believe it is the last attempt to save equities.
Your right, It's just normal movement of collecting profits. The market will stabilize after the big players be steady and in taking long positions.
Wow, what a spike in equities futures! And the 10-Year Yield cratered. That is remarkable.