Sphyn-Trader

GOLD: Risk of USD!

Long
Sphyn-Trader Aggiornato   
TVC:GOLD   CFD Oro (US$/OZ)
The dollar and the US financial situation are currently facing two interconnected crises, which are putting confidence to the test. The US Treasury Department has issued a warning that if Congress fails to pass a bill to increase the public debt ceiling, the US government could potentially default on its debt by early June.

Maybe set up plan: BUY XAUUSD zone 1938 - 1940 with Stoploss at 1935. Take profit at 1965
Trade attivo:
Warren Buffett's Berkshire Hathaway has announced that it intends to keep its Japanese investments for the long term..
Trade attivo:
- Urgent: The Turkish lira is close to its fair value.. and is awaiting an important decision that may storm it

Turkish President Recep Tayyip Erdogan's historic re-election raised hopes for economic stability and an appreciation of the Turkish lira against the US dollar.

However, as soon as he was elected president of the country, the lira fell sharply over the past few weeks, but today it is stable around the level of 23.6 pounds per dollar, that is, it is close to its fair value between 24-25 as expected by analysts.

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