brokebybernacke2 wrote:one more thing, might be clue, gold lookin like some market fireworks might be dead ahead...solid breakout
tariffs good for gold , not so hot for dollar...
good move soon...
why tariffs good for gold boss
Tariffs if implemented will weaken the dollar, restrict the amount of goods that can be traded for dollars, lowering the dollar’s purchasing power. A weaker dollar is typically bullish for gold. Bear dollar story.
brokebybernacke2 wrote:one more thing, might be clue, gold lookin like some market fireworks might be dead ahead...solid breakout
tariffs good for gold , not so hot for dollar...
good move soon...
why tariffs good for gold boss
Tariffs if implemented will weaken the dollar, restrict the amount of goods that can be traded for dollars, lowering the dollar’s purchasing power. A weaker dollar is typically bullish for gold. Bear dollar story.
THANKS BOSS
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
goes as general but the 2nd leg was not strong therefore hard to say bottom was in or not, looks like a range so far.
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