, 8 tweets, 8 min read Read on Twitter
#ECB is likely to crash EUR in attempt to stimulate EU-economy🤦‍♂️(incompetence in ECB is staggering!). Wait for waterfall moment in #EURUSD. Currently flirting with LT-trendline. Target 0.85-0.91 #HZupdates
Major drop in #EURUSD will send #USD #DXY soaring (following pot. ST weakness). LT-target for DXY is >111. This is likely to be the trigger for REAL Fed intervention, which will push economy out of Deflation #HZupdates
Rally in #USD will push #Gold (#XAUUSD) into major decline in final wave C, which will take yellow pet rock below 1000 USD. Imo no way that structure of rally since 2015 is new Bull market. It is ZigZag-correction topping ~1480 (here!) or ~1590 (-1600). Major Bull trap #HZupdates
#Gold Weekly RSI now tops Weekly RSI from major top in 2011. Gold is EXTREMELY OVERBOUGHT and Gold bulls are ecstatic! The EW-structure is quite clear. Major (and strong) decline to set in - and Gold Bulls blood in streets before LT-bottom. Take care! #HZupdates
And interestingly, price actions for major Gold #Miners do not support major break out in #Gold. This is a Bull's trap - and decline will be strong and extended #HZupdates
BEHOLD! The great #Silver Bull Market (in yellow😁). I expect price to turn - and revisit 2008-low during DEFLATIONARY BUST #HZupdates
Why should #PM crash? Well because of spike in US yields. We have sideway consolidation (Bearish Long term!!) but EW suggests another rally before we see major drop. Notice divergence! Will rally in yields +drop in #equities (deflation) cause Fed to intervene for REAL? #HZupdates
That is all for this week! Deflation is playing out. Europe looks terrible (especially Banking equities). Major deflationary bust for coming months - before Fed intervenes FOR REAL. Until then USD is King! Have a great weekend! #HZupdates
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Henrik Zeberg
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!