Lower US Yields Are Bearish For USD, But Bullish for Gold and Stocks in current market conditions.
Hello traders,
As promised, here is a new video update after we canceled webinar on Monday. Now if you are interested in more content like this, make sure to check out Black Friday Sales at https://wavetraders.com/elliott-wave-plans/
At the same time, if you celebrated Thanksgiving, I hope you had some wonderfull time with your family and friends. If not, hope you had some good rest away from the screens, because of slow markets.
Now, what we have seen this week is that the dollar stabilized a bit due to Thanksgiving day, while the US yields turned up and stocks slowed down. However, this can be only a temporary “holiday market mood”, so interesting developments can occur next week, when USD can see further weakness, but possibly will bring us some better levels first.
Hope you will enjoy the video.
Grega
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