Early Market Update and Look at Gold, the Dollar Index and the Dow.

in #market • 6 years ago

In this report I cover the early market action from London on Tuesday, July 31st, 2018. I look briefly at the precious metals, the stock market, the dollar and the crypto currencies.

Today I spend sometime looking at the technical picture for the dollar index, the gold price and the Dow index. I look at the key technical levels for each indicator and note also that overall market could remain directionless for the near future.

I explain why the $1211/1212 level in gold is an important technical support and show where the yellow metal could trade to in case we break below that level.

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Bookstream Sunday Special:

#economics #dollar #money #dtube
6 years ago in #market by
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     6 years ago 

    Silver has dropped heavily compared to gold. Litecoin has dropped heavily compared to bitcoin. Guess it confirms to stay with the dominant commodity.

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     6 years ago 

    Really intrigued to see where Gold goes from here, seems there is serious accumulation taking place but I just don't know what is going to happen.

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     6 years ago 

    Great analysis ,,Sir,,
    I think your post is lot of better.. Because,you deeply analysis the about economic market dollar..your post is also nice decorated..
    So,I follow you on your great creativity..

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