Well, we did see 1680. During the wee hours of that Monday morning when 2 major trading desks were off on public holiday and $4 billion worth of paper was dumped to create the lowest low possible.
Not sure a visit there again without another round of manipulation is gonna happen...
DXY looks to be resuming downtrend, FED funds rate will never go above ~1.5% (as shown in chart I posted a cpl days ago) - ie. FED rate rise is political posturing and a feeble attempt to rein in inflation.
Gold is due for funds to rotate back into the sector after being depressed for 18 months.
Let's go
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