From the Punter Trenches (7 February 2018)

 

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By Tanya Rawat

As expected after a strong move in Asian ETFs overnight as the US markets opened higher as expected, we saw Asian markets open in the green today though it pared some of its gains. Taking cue Europe opened higher as well. I maintain my Bullish call for Gold, and while we are seeing some Dollar strength, I see pullback to 86 handle before a more consistent Dollar strengthening in the latter part of the year. As a corollary, I see the weakness in Euro today as temporary and see upside till 1.28 handle till we see a reversal.

 

Questions? Comments? Contact me at Tanya@rawatspeaks.com.

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