Oro / DollaroAggiornato XAU/USD (Gold) Risk On Effect This Week..
As Trump gains all swing states and takes hold of congress, he has a mandate to make a lot of changes.
Investors typically view this as inflationary, as well as pro-growth.
This has fed into Markets this week and is providing a large amount of Risk On Sentiment Bias.
That means investors are withdrawing from typical safe haven assets (Gold, Yens etc) and driving into risk assets like equities, cryptocurrencies and risk currencies.
The current waning of demand on Gold comes about from USD strength (as mentioned inflationary effect) and removal of safe haven inflow.
Key levels noted below, should sentiment continue. Would only re-short on pullbacks to ride wave.
Investors typically view this as inflationary, as well as pro-growth.
This has fed into Markets this week and is providing a large amount of Risk On Sentiment Bias.
That means investors are withdrawing from typical safe haven assets (Gold, Yens etc) and driving into risk assets like equities, cryptocurrencies and risk currencies.
The current waning of demand on Gold comes about from USD strength (as mentioned inflationary effect) and removal of safe haven inflow.
Key levels noted below, should sentiment continue. Would only re-short on pullbacks to ride wave.
Trade attivo
Approaching short exit as labelled. Kill any shorts now for gains. Looking long at same level approaching.
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Free Discord Secret Server:
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Posts Not financial advice.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.