InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.26
(
-0.15%
)
Bitcoin
60,941.39
(
-0.83%
)
Post# of 11335
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

123tom

Send PM Follow Ignore
Followers 233
Posts 15891
Boards Moderated 1
Alias Born 08/20/2013

123tom

Re: Citrati post# 9942

Friday, 08/21/2020 12:24:07 AM

Friday, August 21, 2020 12:24:07 AM

Post# of 11335
so after that correlation stopped in Feb

and we got this wild divergence, dollar had to come down and they sent gold shooting up...now at some point they must have needed the dollar to cool off, so they stopped the correlation in February and sent the dollar down,and pushed gold up, Now they dont want a weak dollar,so they need to stabilize that price ,maybe rally it up a little, and they will hold gold here around these peaks and gold will drop back down. to some intermediate target.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up