AW GOLD ANALYSIS - Gold is Not Immune to a Higher US Dollar...
In this video I breakdown my view on Gold and what could be ahead for the shiny metal.
As per my previous video I have visually outlined why I believe the US Dollar will continue its rise, and this will directly affect gold moving forward.
The US Dollar is in an uptrend, and it would be only during the corrective portion of the moves up that I can see an opportunity for gold to rise.
Unfortunately, we are not there yet so it's good to understand why this is the case and try to formulate a plan when the time is right.
Now is the time to learn the waves during these tumultuous times in order to prepare for those opportunities when they finally arise.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
As per my previous video I have visually outlined why I believe the US Dollar will continue its rise, and this will directly affect gold moving forward.
The US Dollar is in an uptrend, and it would be only during the corrective portion of the moves up that I can see an opportunity for gold to rise.
Unfortunately, we are not there yet so it's good to understand why this is the case and try to formulate a plan when the time is right.
Now is the time to learn the waves during these tumultuous times in order to prepare for those opportunities when they finally arise.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
