There is micro analysis and there is macro analysis. The fed dropping rates means capital outflows and greenback drops away. Fundamental theory is that the USD replaced gold as the safe haven, the storage of wealth. If the US cant hold with US banks having shorted to date on gold, gold rallies. The US economy faltering, they go to war regardless of UN support oil rallies as well. Old style even in the new international economy gold and oil will rally hard in a protracted engagement. Suadi not gulf war from military point of view. Desert war superior tanks V urban guerilla engagement in Saudi without full support. If the US wins quickly they will flood oil market to drop price and gold drop as well. But the military conflict is unlikely to go that way as superior weapons technology is not so superior in the urban conflict. Any analysis of this nature is not on the CHARTS. It is pure positioning too late to react after the event. Fortune in a moment too quick to blink. Know the stocks u pick too position with small downside if this scenario does not occur. Nothing to do with charts.
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