Hi All,
The rally in Gold is expected to start some time soon, so NZD with its present structure looks very promising because it's correlated with Gold.
We now have a three-wave decline from 0.77 to 0.65. If this ends here and Gold picks up fast, then NZD can be a license to print money, outbeating EUR, GBP on the pips-to-margin basis.
The rally in Gold is expected to start some time soon, so NZD with its present structure looks very promising because it's correlated with Gold.
We now have a three-wave decline from 0.77 to 0.65. If this ends here and Gold picks up fast, then NZD can be a license to print money, outbeating EUR, GBP on the pips-to-margin basis.