Gold & commodities, bearish in the next 6 months
It is very likely that the recession will not begin until 2020. The negative correlation between the bull market for equities and commodities will most likely continue to cause commodities to fall and equities to rise.
Funds can go short at market price with a stop loss of <1% at the price of 1 300. The support at 1 180 is crucial for when it breaks down.
The uptrend of commodities and gold will start when the recession starts, so it will probably be in 2020.
A medium-term downtrend for commodities favors investors, who can buy more precious and industrial metals physically.
Funds can go short at market price with a stop loss of <1% at the price of 1 300. The support at 1 180 is crucial for when it breaks down.
The uptrend of commodities and gold will start when the recession starts, so it will probably be in 2020.
A medium-term downtrend for commodities favors investors, who can buy more precious and industrial metals physically.
