Loading ...and is down .311 & they’re buying bonds…”safe-haven” gold has a little pop…chalk it up to just the brave new world?? As for gold, after such a deep sell-off a fershtugganah 9.70 gain harldy calls for champagne and party hats…I’d like to attribute some gold-bullish meaning to todays action…can anyone help me?
Just got this from a trader pal:
So a trendline is broken and that is in indication that the trend has changed or has reversed? That is old school dogma. A broken trend draws in shorts to squeeze and prompts Deep State intervention. In our rigged market system, a broken trendline for trading purposes is an indication of the exact opposite traditional dogma says it is.