Posted by fredsaid on 22nd of Sep 2020 at 11:30 pm
USD/EUR/GLD perspective - Can anyone share a conservative
estimate on how low the EUR top would take it down ? I feel
like it's going to line up exactly with the USD up and the bottom
for GOLD. Alignment of those 3 which I feel like could happen
over the next month is what I'm most interested in and I think
whatever values they reach will be long term tops and bottoms given
the loose money, high inflaction environment we're headed into.
I have a related question regarding this month long shopping
season and how best to diversify my 401 which is in cash but we'll
save that for next week.
Posted by chartboy on 23rd of Sep 2020 at 07:58 am
I can tell you that one the most qualified technical analysts I
know (if you have been around the market long you would know him by
name) was long the Euro into the recent top and has had a standing
order to enter a half position short the dollar at these levels.
That is not a specific timing call, but should give some
perspective.
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USD/EUR/GLD perspective - Can anyone
Posted by fredsaid on 22nd of Sep 2020 at 11:30 pm
USD/EUR/GLD perspective - Can anyone share a conservative estimate on how low the EUR top would take it down ? I feel like it's going to line up exactly with the USD up and the bottom for GOLD. Alignment of those 3 which I feel like could happen over the next month is what I'm most interested in and I think whatever values they reach will be long term tops and bottoms given the loose money, high inflaction environment we're headed into. I have a related question regarding this month long shopping season and how best to diversify my 401 which is in cash but we'll save that for next week.
I can tell you that
Posted by chartboy on 23rd of Sep 2020 at 07:58 am
I can tell you that one the most qualified technical analysts I know (if you have been around the market long you would know him by name) was long the Euro into the recent top and has had a standing order to enter a half position short the dollar at these levels.
That is not a specific timing call, but should give some perspective.