RSI above 50, MACD positive and price is staging a breakout I guess. Rising inflation is good for precious metals and commodities.
Commentaire:
Breakout confirmed. This probably means weaker dollar and lower rate is ahead. Should be good for commodities and precious metal.
Commentaire:
I was right on. What surprised me it is weakening in recent months... Maybe inflation expectation is peaked? and coincidentally rate is peaked too?