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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (44134)11/19/2021 3:48:19 PM
From: Qone03 Recommendations

Recommended By
ajtj99
bull_dozer
sunabeach

  Read Replies (1) | Respond to of 96842
 
I'm not a big fan of looking at other things to tell what this thing is going to. Because if this thing is being controlled by that thing, then that should be reflected in this things chart.

Gold won't care much what those things to do, it's being viewed as a safe haven asset against inflation now. And it's entering its seasonally strong time of year.

I think the pattern on DXY had it going to 98 or 100.



To: Sun Tzu who wrote (44134)11/19/2021 5:02:46 PM
From: Real Man  Read Replies (2) | Respond to of 96842
 
Gold has its own Opex and it is next week. Like in stocks the dealer wins the every time.
I expect downside volatility into next Tuesday Opex. There is strong anti correlation with USD much
of the time, so it’s a puzzle. I’d say trust the buck and expect a fall. This is the strongest correlation.
There are other things. Gold is like TIPS, so I guess negative real rates help a ton. Short term probably
gold crashes around Tuesday next week. Enjoying Crimemerica? Easy peasy, no TA needed-g-