This index is breaking down after showing bearish divergence and having a false bullish breakout on the Daily and Weekly.
Based off this and the weakness we're seeing in the commodities themselves i expect the prices of Precious metals to begin a new downtrend in the coming weeks and for the price of Thongs such as Wheat and Soy to have a major decline.
I would also expect many Mining Companies to go down such as FCX and SA and for the Value of the US Dollar to rise.
Based off this and the weakness we're seeing in the commodities themselves i expect the prices of Precious metals to begin a new downtrend in the coming weeks and for the price of Thongs such as Wheat and Soy to have a major decline.
I would also expect many Mining Companies to go down such as FCX and SA and for the Value of the US Dollar to rise.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.