MKT Call 10/4/22: Stock Market Rally Gains Steam
RiskReversal Pod
00:00
Do You Think the Two on a Day Moving Average Gets There?
The dollar is contending with that down trend from last year's highs. If you get a break of that downtrend line, I think the two on a day moving average has a bullseye on it. So yes, we're in this downtrend and there's no compelling reason to buy it. But if they all start pivoting again, it's only supportive of gold because unfortunately, the inflation problem is still out there.
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