Fidelachor

XAU DIP - THE RETURN OF THE GREEN BACK

OANDA:XAUUSD   Gold Spot / U.S. Dollar
With the US strengthening the position of the greenback through the provision of aid and humanitarian activity in the last 4 months or so, we have seen continuous domination of the XAU/USD pair by the Bears, this isn't a surprise owing to the fact that the the policies being rolled out the Democratic office in power, puts th greenback at the helms of international trade thus threatening economic activity on home soil.

in Summary, the hedge firms will be looking to buy into some of that investment opportunities of mergers and bonds popping up all over europe and the developing countries, which in turn gives the Dollar the stimulus it needed to turn the tables on the recession - or at least maybe.

SELL!!! SELL!!!! SELL!!!!!!
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