In this market outlook session we take a look at what the markets are doing and talk about why they are doing it. We can see #gold is rallying from the weekly ascending trend line and the #dollar is dropping. The key thing to take away here is to understand why these markets are moving the way they are and in this specific scenario it's because the institutions are profit taking. When they are profit taking the markets become very unpredictable, so we must know this and realize that now is not the time to try an accumulate a positions when they are distributing.
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