Russia is dealing with major inflation pressures. Gold on the weekly chart shows the big support at $1,844. The Bollinger band on the weekly shows $1968 on the upper..
Technically, a pullback to the small triangle apex at $1900-$1850 seems normal and the fundamentals are in perfect alignment with this scenario. The world’s fiat bugs promised that..
However, if the market is unable to hold the 4170SPX region again, then it makes it much more likely we have not completed this pullback, and we can test the 4000-4050 $SPX region..