$XAUUSD we are suspicious
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Wassup! We hope everyone has had a good week so far. We wanted to sit down and share our
XAUUSD and 
DXY thoughts with you guys. Right now the two appear to be in push and pull tug of war battle. XAUUSD looks like it has the upper-hand currently, but we are suspicious.
On December 15, 2021 Federal Reserve Chairman Jerome Powell expressed that the economy is robust and on a strong path to recovery from Covid-19. The Federal Reserve claimed that they are speeding up their original taper plans in order to target and reverse inflation.
A couple months backDXY responded with a strong rally when the taper alarm was originally sounded. My team speculates that the current DXY pull-back is just simply the "dip-before-the-rip." This on-going XAUUSD rally just feels like a fake out. We can't see into the future, but know that this is the hunch of a decent group of investors.
If you want to see more, please like and follow us SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Wassup! We hope everyone has had a good week so far. We wanted to sit down and share our
XAUUSD and DXY thoughts with you guys. Right now the two appear to be in push and pull tug of war battle. XAUUSD looks like it has the upper-hand currently, but we are suspicious.On December 15, 2021 Federal Reserve Chairman Jerome Powell expressed that the economy is robust and on a strong path to recovery from Covid-19. The Federal Reserve claimed that they are speeding up their original taper plans in order to target and reverse inflation.
A couple months back
DXY responded with a strong rally when the taper alarm was originally sounded. My team speculates that the current DXY pull-back is just simply the "dip-before-the-rip." This on-going XAUUSD rally just feels like a fake out. We can't see into the future, but know that this is the hunch of a decent group of investors.If you want to see more, please like and follow us SimplyShowMeTheMoney
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