war new pushed gold futures up 1% pre market, vix was up almost 10% at one point
we retraced down to the .50 fib level, which was 1836. Now, going back up we can test the 1882 .618 fib level.
This war has been going on for decades and was temporary to the markets, as spy has almost fully recovered now.
The ongoing conflict in middle east should keep gold, oil and nat gas in bullish trend.
There are FOMC speakers this week as well, which will affect interest rates and DXY.
Cheers!
we retraced down to the .50 fib level, which was 1836. Now, going back up we can test the 1882 .618 fib level.
This war has been going on for decades and was temporary to the markets, as spy has almost fully recovered now.
The ongoing conflict in middle east should keep gold, oil and nat gas in bullish trend.
There are FOMC speakers this week as well, which will affect interest rates and DXY.
Cheers!