CommoditiesForexMarket Review

The good, the bad, and the ugly

Eight of the plants that pack meat across the US have closed, which is beginning to spark shortages in food supply, which is no surprise as we saw the numbers of unemployment claims explode again yesterday.

Many believe these headlines could be a cause for panic, they are not, these serve to bring awareness to people, for you to understand not only the opportunity in the market but what we are dealing with.

There is plenty of misinformation, and the coronavirus is not just a “flu”. We are going to see more industries get hit, just like the cruise ship industry where another rise in cases was reported aboard the Costa Atlantica ship. Soon, no one will be taking cruise vacations, not for a long time.

If these situations persist, we can expect a very strong gold run, and while we have been profitable on gold, we will take partial profits but leave something for the long term to see if gold goes past 2000$


EURUSD: BUY

TARGET: 1.0745 TO BUY AND OUR PROFIT TARGET IS 1.0900

GBPUSD: BUY

TARGET: 1.2520

USDCAD: SELL

TARGET: 1.3850

GOLD: BUY

TARGET: 1750

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