Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Whispers from forex helps us to read Golds next move!

Courtesy of Read the Ticker.

whispers-from-forex-helps-us-to-read-golds-next-moveBig money in the currency markets gives traders clues were the bankers see the next big move.



After all bankers and large players are the ones who move the currency markets.



As you can see below the inverse USDJPY follows gold closely, and this has only been so from March 2009 (banks and sync their algo’s one thinks). But things are changing in Japan as BOJ realise the idea of print money for real growth does not work, and more talks are ongoing about an exit plan to find real demand (after Yellen leaves office) without useless money printing.



The Aussie dollar is confirmation of many commodity trends, after all Australia exports dirt and rocks, so the base shown below is a very positive forecast for the gold ETF GLD.



You should also notice the higher lows after the Richard Wyckoff Sign of Strength in both these forex pairs. These sign of strength shows a shift in the bankers thinking. Gold will be one to watch in 2nd half of 2017.





Click for popup. Clear your browser cache if image is not showing.

Gold




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”Nothing new ever occurs in the business of speculating or investing in securities and commodities.”..



Jesse Livernore Trading Rule





..“The main purpose of the stock market is to make fools of as many men as possible”..



Bernard Baruch







..”Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway”..



Warren Buffett





..”If past history was all there was to the game, the richest people would be librarians”..



Warren Buffett





…”The four most dangerous words in investing are ‘This time it’s different’ “…



John Templeton








Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!