GS target is getting closer at $0.90.....
Looks like the amount of shorting on the US markets are reaching same levels as AUG 2022 1 month before the Fed Reserve delivered a larger than expected rate rise.
We've got the same scenario right now... Record highs shorts and the Fed Reserve meeting approaching on 20-21 March.
I believe the Fed Reserve will deliver a 50 basis points if not more this time.....
it will send $USD to break $105.86 , the S&P 500 could be testing new lows in 1-3 weeks......
$0.82 to $0.89 looks great value to me...
GLTA
T10
CXO - Chart Thread, page-5594
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