Focus on Iran and crude oil prices ;
Red arrow = Key resistance
ABC pattern almost activated
Blue arrows (thick) = Probable war with Iran
Below purple arrow = Global slow down (I doubt it)
Focus on defense stocks
War = Higher demand for $USD ???? We shall soon find out
2 comments:
Happy new year, Moise!
It seems another new uncertainty(war) pops up to cover an uncertainty(EU). Could you share your thoughts about gold, silver, and VIX related the war issue?
By theway, do you really believe there would be a war? Actually I don't know the other option to boost ecnomy though. =(
And what will it mean for GLD??
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