Well, in terms of dollars, yes. It seems to me, watching the price action over the years, it is beneficial to also watch it in Euro, as it will take the large Euro-Dollar market into account.
It is interesting to note that the may-23 till now price action in terms of tops, creates a negative downtrend this week around 23.64 Euro, and 25.80 Dollars. And exactly there, the price action retreated.
It depends on whether the price can remains above the $ 23.97/ € 22.85.
That said, I am noticing a stepping pattern up, meaning, consecutive higher lows. So, the game of price suppression is still played, but at higher levels. It seems that a slow movement up has set in.
Given the market circumstances, in terms of physical, the consequence is that physical is being bought at idiotic low prices, exacerbating the corner the market riggers are painting themselves in. It seems to me, a price explosion is in the works. But it takes stamina, the long haul.
Well, in terms of dollars, yes. It seems to me, watching the price action over the years, it is beneficial to also watch it in Euro, as it will take the large Euro-Dollar market into account.
It is interesting to note that the may-23 till now price action in terms of tops, creates a negative downtrend this week around 23.64 Euro, and 25.80 Dollars. And exactly there, the price action retreated.
It depends on whether the price can remains above the $ 23.97/ € 22.85.
That said, I am noticing a stepping pattern up, meaning, consecutive higher lows. So, the game of price suppression is still played, but at higher levels. It seems that a slow movement up has set in.
Given the market circumstances, in terms of physical, the consequence is that physical is being bought at idiotic low prices, exacerbating the corner the market riggers are painting themselves in. It seems to me, a price explosion is in the works. But it takes stamina, the long haul.
So HODL!