Over the last few days and with
the beginning of the collapse of the Turkish lira to those who pay attention to
the fact that there are other currencies falling apart and the economies of
other countries are strongly affected, the dollar which was favored by Trump is
weak. His strength has become a source of pride for the American president in
his tweets. , Turkey
is virtually stagnant, the European continent is severely affected, all those
who are out of the American plan are affected
With More pressure Trump reaches
his new economic agreements needed with China ,
Europe, Mexico and Canada
But we have two important points:
A strong dollar while gold going
against expectations
Declining EUR despite the need of
emerging economies to rely on instead of the dollar
Gold is falling as emerging
countries selling their gold reserves to get the dollar
And the US stock market indicators are very
promising, which leads to disposal of gold holdings to buy shares and
indicators
The Euro will find good support
soon and the strong dollar will inevitably decline. And thanks to the desire of
the US administration to get
rid of the dollar of forces that have done so far and then need to reduce it, America is
dealing with the dollar now as a strategic commodity
The advice is to keep gold
positions open, not to bet on excessive dollar strength, to move towards the
EUR and GBP from current levels
If our expectations are correct, a
calculation of $ 10,000 with purchases as we have explained from the current
levels and a continuous strengthening of 2000 pips, the probability of doubling
the account is at an acceptable risk
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