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LouisSuguna replied Nov 15, 2020Interesting close on Friday. COT data for net-positions amongst non-commercials on the USD turned positive a couple of weeks ago. I have reason to believe that price should follow suit soon. Thus, my gold bias is down. However, I am expecting a ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- LouisSuguna replied Nov 8, 2020
Bulls still look strong on Gold, looking toward a retest of the 60 mark and distribution/accumulation before any changes in momentum. Congress is still divided = less chance of stimulus = dollar bulls. But, seems that Fed want a cheap dollar to ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- LouisSuguna commented Nov 7, 2020
Why is nobody talking about the COMOPOSITION of CONGRESS???? We're back at square one. No stimulus. Biden won't be able to pass his tax measures if the Senate is red. Am I crazy? Or is everyone else crazy for not talking about the most important ...
Joe Biden has been elected as President of the United States: NBC News Projection
- LouisSuguna replied Oct 4, 2020
Down is the most likely scenario on Gold with the Dollar continuing it's revival. I may be wrong, trust your analysis.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- LouisSuguna commented Jan 16, 2018
that's if the novice traders don't panic sell
Bitcoin, Ethereum and almost every other cryptocurrency is plunging