darth.stocks

Gold: Still a FOREX Trad and not a Bull market

AMEX:GDX   VanEck Gold Miners ETF
3
Sorry to bore you once again with my Gold/JY correlation. This Time a bit different since we see a almost perfect correlation between GDX (hence Gold) and JY strength/weakness. With CB grands currently in Basel at the BIS we need to expect CB's action on Brexit turmoil. Recent Kuroda statements point to quite some significant intervention due to JY strength. So I recommend to stay out of the market. You can forecast charts, but not central bankers action! I really love this free market....
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.