Friday, July 25, 2014

Dollar Shekel chart analysis


$USD Dollar Shekel monthly analysis
Monthly lower highs confirm long term down trend, but we are way way oversold ...
Time to bounce up and confirm this long term higher lows pattern (light green arrows)
Expecting a BIG move in the weeks to come

2 comments:

Anonymous said...

So that means Gold could be drop?

Tristan Vundimac said...

Yes, a last dive for Gold and Silver is possible. But, both are way oversold. They can pop at any time and dramatically.

The strenght in gold is paradoxal but that's how markets are. Dollar could as well go to zero.