 Hi, my name's Leon Roe currency trader and trading coach at trading 180 comm welcome to this week's supply and demand For its and gold fundamental and technical analysis if you're new a very warm welcome to you And if you're returning an equally warm welcome to you, and please don't forget to like subscribe and Share with your fellow trading colleagues The quality content that I give if you think it's quality content, of course As it helps the YouTube algorithm and is a free way to support the channel so Our trading 180 process is just to really apply Fundamental analysis and technical analysis to really establish the best trading opportunities in the forex and gold markets so moving on to the week ahead and Trading economics, let me just zoom in a little bit It says so it will be a busy week in the US with labor report Taking the central stage followed by ISM manufacturing and services PMI also investors will be closely watching first-quarter GDP growth releases from Switzerland Canada Australia right those are the three that we're looking out of the three currencies Countries currencies we're looking at and inflation rates for for several European countries including Germany and France Those are the two big European countries, especially Germany also speeches by several Fed officials and Bank of Canada interest rate decisions that's going to be a potential market mover Should provide some update on monetary policy settings and fundamentals Analysis is all is all about you know, monetary policy and currency exchange rate value, right? You know and divergences and convergences and we're getting to that, you know a little bit later in this video and Then there is the I guess a more of a deep dive into the The week ahead if you want to go through it Yeah, just go to trading economics Click on trading economics comm and it should be in the week ahead tab right here They used to put it actually on the on the top bit But for some reason they don't do it anymore, but the week ahead and you can kind of read through what is pretty much coming up In the week ahead, so let's get into the the charts and some some deeper fundamental analysis on the specific pairs and Looking at the DXY the dollar index and the dollar index is just a measure of dollar strength against various currencies like the euro the yen the pound and Over the past couple of weeks. We have really just pulled back. I think I Don't think it's anything to really kind of worry about the dollar really technically was due for a pullback Anyway, there wasn't you know, obviously there were you know supply and demand zones demand zones I'm generally long on the dollar Although I recognize it's important to recognize when an area really is Expensive right because if you consider where you know just taking the the year-to-date price What's happened if this is was an absolute bargain for the dollar and this is considered now an expensive area You consider that the you're really buying at you know overall highs, right? So if that's The bargain area that is the expensive area. I've got a Fibonacci tool in here But you can use Fibonacci is just really a way of to measure certain types of discounts 50% of that is what was known as fair value, right? So you got expensive and we know that's proven to be expensive because prices didn't go higher than that, right? Buyers weren't willing to pay any more or value the dollar at any any higher than you know 105s And we know that you know at the beginning of the year. It was an absolute bargain down here, right? It's just proven facts. It's not you know open for debate now If we're looking at if that's you know considered the bargain at the beginning of the year And this is considered an expensive area 50% is considered fair value, right? So At this point a few weeks ago The the dollar was The dollar now is proven to be expensive right so you're looking for pullbacks now None of us know which area the market is going to decide that is going to be the dollars going to be a bargain again, right? so the but the lower it comes is the more of a Bargain it becomes right more towards the fair value area or what the market will establish is potential fair value As far as technical analysis is concerned what we do is we look for areas That are potential bargains. This was a bargain at some point because it made higher highs Is this going to be a bargain again? Nobody knows but if there is a potential trade setup obviously not on the dollar index don't really trade a dollar index But that would this would apply to any of the dollar crosses or any, you know currency crosses Then potentially you want to get involved in that if fundamentally or risk sentiment wise You know things aren't necessarily looking great for the dollar then you're going to see this start to You know potentially happen, but the point is is that We're always looking for potential bargains, right? That's that's the key and if you if you if you're buying a bargain or this happens to be a bargain prices come down You know, you've got lots of upside potential Then you've got you know, maybe five ten fifteen twenty to one type trades because you're buying more towards fair value If you're buying at highs you're more likely to get caught out You know Where the market is like well in fact we've made a lot of money from here to here So it's time to now start to sell and you know liquidate the buy positions get traders to go long And they can sell into that liquidity and then reload Deeper down right because that's really what fun. This is what Fibonacci is about and fundamental analysis is about but going into Maybe the some of the reasons why the dollar is You know coming off the boil a bit is this was an interesting article in Bloomberg where The headline is here's how the Fed might adopt Bostick's rate pause in September Yeah, so there's clear and convincing evidence of slowing inflation is a must slow down in growth in jobs also conditions to halting rates, so This is a great article. I might put it up on the on the channel Maybe a bit later on or tomorrow for you guys to to read or actually in fact Many of you have been you know Watching some of the fundamental analysis videos that I've posted recently So this might be I'll just basically play this and you can follow along but The Federal Reserve Bank of Atlanta president Raphael Bostick has cracked open the door for discussing September pause in the central banks aggressive rate hikes a move that will only Be on the table if inflation falls more than expected over the summer now for those of you who you know might not necessarily understand In the relationship between inflation and interest rates and GDP I do have a webinar that you can that you can watch And that really kind of breaks this down As to you know why price generally moves in the medium to long term but what this is basically saying is that The The Federal Reserve or there's a member of the Federal Reserve not a voting member a matter of fact is the federal president of the bank of Bank of Atlanta president is basically saying that the Federal Reserve should Or could potentially pause Hiking rates, right? So in if we go back to price You had You know when when the federal literally look into high crates Which generally should appreciate a currency? This is what you saw now that they're getting to a point where they don't necessarily have to high crates as much You know come September towards the end of the year the dollar has to now be repriced Yeah, it has to be repriced because this was like, you know peak Interest rate hikes. Yeah, or the valuation of potential interest rate hikes. That's what you know pricing in means but now Um, you know the fundamentals have slightly changed. So this is just um, you know the pullback and the market potentially pricing in less rate hikes So there's obviously, you know profit taking going on around around a dollar, right? So Uh, yeah, so so pretty much the dollar for me is still a buy but it's just you know a pullback I think um, you know going on with the with the dollar and um And there are signs of obviously slowing inflation, which is going to be good potentially for the economy because High inflation as we'll get on to the the pound in a little bit is that there's a cost of living crisis going on in in the UK Uh, and that is due to high inflation and all central banks have a mandate to try and get inflation to 2% whereas Um, you know inflation at the moment in several countries is way above that. So, um, you know, there is A potential pause coming With the federal reserve monetary policy, which is pushing prices, you know to the downside Doesn't mean necessarily it's going to go down all the way This means that you know if you do want to be a buyer of a dollar you can buy it for you know for for cheaper, right? Because ultimately it's still the best who is the best of the worst, right? So the dollar is still, you know in a better position than for example, you know the Japanese yet, right? Give it out for sure. Um, so with that being said Let's delete all of this And go into technically where areas are likely prices may want to you know reverse Or become a potential bargain And really the first area is for prices to come down to the one-on-ones before turning around of course You want to use the dollar index as just confluence with for example, the dollar Yen dollar Swiss if you're looking to buy the dollar that is and if it starts to turn up on the There's some demand here at the one-on-ones and you start to see demand on the um on the For example, the dollar yet if you're trading that pair of the dollar Swiss um, then That you can use as confluence of course prices may not even get down there, right? This might be considered the bargain right here. Of course. Nobody knows just using this as confluence But um for me the overall direction I still think for the dollar is to the upside but the further it comes down is that is the more of a bargain It becomes and towards fair value uh prices. So moving on to the uh dollar index And the dollar index i'm sorry dollar index the uh the dollar yen apologies the dollar yen We've come down into this area of demand which has been you know user's area of demand once twice the more times the level is touched uh the um The less of a bargain it becomes because it becomes a bit more obvious Manus to get involved in in a stock hunt trade just below this area here Made a little bit on on there At least just about um above profitable uh trade now Um on a lower time frame now just waiting for hopefully prices to start to turn up so we can You know make uh some more money on on the on the remaining positions on this But um with the yen with the yen and all central banks really what they're doing is uh due to inflation prices and pressures What is happening is is that the uh Bank of japan koruda says that u.s rate uh u.s rate hikes won't necessarily mean a weaker yen and so the bank of japan um governor Said that interest rate uh increases by the federal reserve won't necessarily cause the end to weaken saying various factors affect the currency market And he goes into you know certain things why right so the fed rate uh may affect the value of the u.s government bonds and Stock prices uh koruda said in response to parliament So I think it's not necessarily the case that japan's capital flow into u.s continuously causing the yen uh to weaken and um And so again central bankers understand the uh the nuances between um, you know rising inflation and um rising rate hikes right and um Again if you are you know a bit confused on this I have several videos right on on on my youtube channel that you can look towards Which really kind of it breaks down and I'll put it in just the most simplest terms Um and understanding um, you know inflation interest rates And this is the interest rates and inflation diagram relationship if you have rising inflation Yeah, then right inflation goes from two to three to four to five central banks are generally Pressured to raise and hike interest rates, which is what you're seeing right inflation starts to come down Yeah from three to two to one then they are less likely to hike rates or they don't hike as much right and if they obviously I say obviously, but if it's if it's below their central bank two percent target, then they end up cutting rates So understanding this and understanding the nuances of um, you know the currency strength between uh two two currencies Right and exchange rates is what is really important. And if you know, um, you're a forex Trader, right then it's imperative that you understand this to make the best decisions and so Central bankers talk about this all the time. So why As as a retail trader wouldn't you want to understand this stuff, you know to its You know full degree so that you can make the best decisions because the central bankers are the ones that are moving the markets in the medium to long term It's not, you know Elliott wave or any kind of technical analysis. Yes technical analysis, you know People time and you know the market as far as you know liquidity and stuff like that But if you want to understand and capture, you know, the big trends or if you want to understand when Currency is more likely to range or auction as it's really should be known. Um, then you have to understand You know the the the relationship Inflation and interest rate relationship diagram of why, you know central banks Do what they do to have the effect of currencies that they should want to have right where they're appreciating or devaluing their currency and you can find all that out on The 6th of june between the 6th and 10th of june when enrollment opens, right? So I am opening my um, uh, mentoring program Not only supply and demand but fundamental analysis And really in depth fundamental analysis and you get access to the fundamental analysis spreadsheet, which really determines Our bias on certain currency pairs Strength divergences and certain things that we look at And also understanding the currency value cycle So not every single currency that is ranked one two or three is going to be for example A strong currency we need to determine whether there's a strong currency that is Potentially going to devalue right due to monetary policy or economic A business cycle where they are in an economic business cycle And I help you with all of that right and this is the rules to the game This is not going anywhere. This is the economic model. This is what? Determines currency valuations over the medium to long term and even in the short term So um, you know, I literally produce videos on a daily or every other day and these the private videos that members in a discord group get and um I've recorded for those of you who are watching this as well apologies. I haven't actually set this out But I did record a an in-depth fundamental analysis video. So just log into the The trading videos channel In the discord group and you'll get the uh, the analysis the fundamental analysis plus We've got hundreds and hundreds and hundreds of videos All here In the uh, the members area plus the courses plus So much more. So if you do want to be a A trading 180 member Again, the enrollment opens on the 6th and closes on the 10th of june and again I'll probably be closed for a good few months after that. So if you've been waiting to join Now is your opportunity you all say now, but within the next Seven to eight days. So Guys, you will definitely once going through that you will understand exactly How to read these articles and really determine Where, you know, the trends are the big trends if there are any what, you know, the best pairs to trade, etc So going back to really You know this chart here On the dollar yen. I do think for me again You know the dollar should be the stronger out of the two but if prices don't necessarily Hold here and it could start to fall a bit further Um, you could even see prices actually go down to the one two twos And then you have a lot more upside potential because I do think the dollar would be definitely a bargain down here Or you could see prices come down and then actually could create demand Right could create demand here and if it does create demand then it's just a pullback into that zone before getting long but my bias really For the dollar at least in for now is still to look to buy the dollar But I do recognize that this is on the higher side on the um on the valuation valuation end if we're taking potentially the uh the last major I guess Swing from that low to that high. I think we've come down to probably some sort of a fair value Yeah, so we're just touching fair value there. So it was a decent area to look for, you know, some long trades and um Again, I actually break down that trade Um In the members group area. I think it was in the uh in our group call, which was on the What was it now? Yeah, it was our group call here, which is the 25th of May. Um, you can see group call Talk about less fundamental divergences profit target expectations using fundamental Euro by pound a sell and more so I'll break it down there And also as well, there is a member's uh technical analysis where I go into Weekly analysis where I go into the strategy as well. I think I broke it down there that trade that stock hunt trade anyways getting back to the The dollar yen and uh really those the options If you are looking to short the uh the the dollar and buy the yen then really the the closest area I would say is going to be the one two nines Would be the best area to look for any kind of uh short trades divided the yen maybe based off of some sort of risk off sentiment The dollar dollar swiss Dollar swiss is an interesting one. Um, the swiss franc Um, and the swiss national bank are actually now looking to uh potentially hike rates In december so, um with that being said the Swiss the swiss the swiss franc has appreciated right against the dollar This was caused this price action was when the swiss national bank We're not looking to hike rates and the uh the the federal reserve were hiking rates, right? So you had a divergence between the two currencies and between two central bank policies yet the fed hiking rates and the um the swiss national bank snb We're not looking to hike rates, right now They've come out and they've pretty much indicated that they might start to hike rates, right? So now the valuation of the um this the dollar swiss can't be up here because Uh, the swiss national bank is now looking to strengthen their currency. So you're seeing now a pullback Like this and I do think though that the Fed is still ahead of the swiss national bank And I do believe That this would be a decent zone to look for long trades. I'm still looking for long trades on this Surf prices do pull back into that 95 area to 94 I do think that's a decent area to look for any kind of long trades or that's what i'm looking for again It's not financial advice. Um But if you do want to be a buyer of the swiss franc, uh looking for probably pullbacks I would probably say this area the 97 area would be decent for a potential short if you believe That the swiss national bank and the swiss franc should appreciate even more against the uh, the us dollar dollar CAD dollar CAD is strengthening again because of the dollar Pullback and uh, again, we do have the the canadian dollar and the bank of canada Hiking rates this week again, nothing's for certain But it looks like they you know chances are pretty much that they will And uh, you can start to see that that's having again an effect on the uh, the dollar CAD So the canadian dollar is strengthening if you want to get long on this currency pair Against can go against really the the canadian dollar and the central banks hiking rates Then I think that's a decent area, but I don't you know personally like it In fact, I don't think it's a decent area because this area has been kind of touched A couple of times I do like the hard in hard out movement But I would probably more prefer maybe a stop hunt below that Or you're looking at um, you know the the tops of this one to six area to look for a potential By trade But uh, this is not a pair. I'm really interested in in any more in trading So, uh, let's see what happens. I'm trying to put it from around there Um, I see what happens here if you're looking to short and get short on this currency pair Then you've got a level of Supply above there and um, I know it's a wide zone and people might think well Where can I you know get involved in that one of the ways is to really kind of break down the zones and look for support and resistance Um within those supply and demand areas both on a daily and an intra day, right? So If we know that there's strong supply potentially here that's driven price to the downside Um look for areas of support and resistance go down to maybe the four hour or the two hour or the one hour And you can start to see if there's any levels of uh, obvious support and resistance Which I don't think there really is until you get to really like the highs Um, so for me, I really wouldn't want to get involved in that mess anywhere. Yes From a daily perspective, there is supply there because you can look to see that there was supply around here Which drove prices down, but overall you want to kind of trade around um, again Support and resistance zones within that area. I think there's might be one right here If you really want to get involved in that and that's probably where you First area you'd want to probably look for uh, any kind of sell trades from an intra day perspective. So that one Uh, two eight round number or just above it would be the area to look for potential Short trades if you want to be a buyer of the canadian dollar, but it's not a pair that I'm interested in trading anymore It made some money from up top here on a nice Stop hunt and took profit. Anyways, uh, moving on to the new zealand dollar u.s Dollar and this is again not really a pair. I'm interested in trading, but Um, I can see definitely potential for a sell technically. It looks really nice Come to a really nice area It's a potential um for a short trade You'd have to believe that the dollar is definitely a bargain against the new zealand dollar New zealand dollar just hiked rates um last week. So, um, they are You know two central banks are hiking rates This is a hard much harder trade to try to predict where prices will go The dollar does have a bit of an edge simply because it does act as a risk of currency So in in any kind of risk of environment, um The the dollar the u.s. Dollar should should be the one to strengthen and commodity currencies generally You know don't strengthen in a risk-off environment or typically don't Um, so if you didn't want to get involved in this trade, uh to the uh Downside, I think technically it's nice. Just don't like it fundamentally and it's not a pair that is on my list of Currencies to trade Pound dollar is though. So pound dollar I'm involved in this trade right now and um Let's see how it goes. I've gotten a couple of uh times on here Made a little bit on here, but hopefully prices should want to reverse around Here if it doesn't I think this 130 level is going to be an absolute Brilliant area but a very cheap area for the for the pound dollar to get short on this And why would I be short on the the british pound and the british pound? at the moment Again, just like the u.s. Dollar You have a situation where the pound Earlier in the week it had pound tumbles as rate hike Bets cut on fresh recession fears. So sterling tops volatility table this week as haven Guilts rally an s&p global index of uk private sector growth slid in may And the pound tumbled and investors rushed to safety of government bonds after the index of uk private sector growth was unexpected Sorry, uh, uk private sector growth unexpectedly slid in may to weak reawakened fears of a recession So that led traders That led traders to rein in bets on further interest rate hikes from the bank of england given the risks that higher Borrowing costs will halt growth The pound nearly fell one percent against the dollar reversing monday's gains and making the most volatile group of den currency this week so ultimately You know the the the uk isn't doing too well. Yes, we've got the queens jubilee coming lots of retail And spending and consumer spending But i don't think it's going to be enough to potentially have downturn in the economy and that doesn't mean necessarily a recession but obviously the The smart money is is is thinking that the The bank of england rate hike rate hikes Of the amount of rate hikes that they do Is or they were talking about basically have been cut or taken off the table because To try and hike in a recession and we just compound The recession because again of rising borrowing costs rising lending and borrowing costs rise a higher borrowing costs right will halt growth so Or may halt growth so Again if that is a fear Of the market, I do believe that prices should want to come down at some point again Do I know exactly where does anyone know exactly where no no one knows exactly where prices will turn That's the reason why we manage risk and if you if if I if I did know exactly where prices We're going to turn or if anyone knew where prices were exactly go exactly going to turn Then um, you know the best thing to do for them would be to put everything they own on that one trade Right because it's like betting on the sun coming up in the morning. Um, if you're that sure so Um But again, nobody really knows so you just manage your risk and And see what happens what prices turn around here Hopefully if it does then there's a lot of risk of war to the downside that I have right so if you know I'm right about this trade Or the fundamentals at least and so one two six all the way down to What's that potentially we could have down to one two one So that's maybe about 500 pips to the downside potentially So that's worth, you know the risk reward, right? I think my stop loss is somewhere about 40 pips above here Something like that. So, you know risking about maybe 70 80 pips depending Um For a good maybe 300 400 pips. That's good risk reward for me Again, not telling you to get involved in this trade. You don't know how I've entered Um, and the reasons, you know as far as the technical reasons why I've entered But just understand that for me, I do think that the British pound is a sell at some point Will this be profitable? Yes. No, who knows if it's not it is what it is. You move on to the next one Um, if it is then brilliant, but if you are buying the pound, right, there is in fact a The demand zone here if you feel like you want to buy the pound um And that's where it is. So you've got higher highs higher lows being made and then a potential Um, you know pull back into this zone could push prices, you know a bit higher Yeah And if it does again all all this means is that we're taking a uh, you know price from this area to here then We are at fair value and anything above fair value for me Is probably seen as a as a potential bargain. So prices do come up to that 130 area I think that downside is going to be very very nice. But let's see what happens on this trade come next week Um, and then we've got actually in fact Yeah, I'll leave it at that Moving on to the euro dollar and the euro is looking like strengthening, right? So, um There was a last week. There was a supply zone here This obviously wasn't seen as a bargain for the dollar to go short and we've had prices move, you know a lot higher and there was Uh, and there is I guess a lot of fundamental analysis surrounding Um the uh, the euro and the fact that the European central bank Christine Lagarde prepares for ECB liftoff with yet more record inflation. So again Because inflation is is going high it's going higher and rising it forces, you know, remember this remember this diagram it forces central bankers To do what the higher inflation goes, right is the more you have to hike interest rates So whatever this number is, I think it was like maybe seven points five percent or something like that inflation Yeah, it moves towards the interest rate hiking Area, right? So that's two percent. If that was two percent, it'd be three percent four percent five percent That's how they have to hike their high crates, right? So um, Europe is still for me anyway, um Not necessarily the greatest buy, um against other currencies, but um the market has to revalue what the exchange rate Of the euro will be if they do high crates. Hence the reason why you're seeing if you go back to the euro dollar Like you're seeing, um, you know the the market move a bit higher and this and together with you know, the the I guess the dollar sorry, uh, not being as uh, uh Strong or there's rumors that they may potential potentially stop hiking around the uh towards the end of the year You're seeing, you know, maybe Move up to the 108 to 109 and even maybe the potentially the 110s and 111s Around here, but when you zoom out it's probably to be expected because If you're looking at, you know, what's happened over the past Um, you know year or so look how look at this look at this move You know, I mean, it's just been literally, you know one way So in the perspective of it is that, you know, you was due some sort of pullback at some point Um, and also as well, there's reasons why this is putting back this You know was happening when again the fed were hiking rates or looking to hike rates and europe were not only Not hiking rates, but the war in ukraine was going on And there was problems with the economy regardless. So So now those things have been probably priced in especially the war in ukraine doesn't seem to be a factor That or that much of a factor anymore Um, I think the change really is just that europe are now looking to appreciate their currency So, um any investors that are buying the euro or holding the euro now rather than going from, you know, negative rates or zero rates They're going to try and get maybe a return for holding the euro. So that has to be, you know Priced in right this 109 108 and 107 price exchange rates are not there just to You know, just for for the sake of it being there, you know, it has to be there because that's what the value is What potential the price is and uh and potentially the value so Um euro is it a buy? Um for me potentially I'm not buying it against the dollar It's a harder trade to take at the moment. I do think the dollar is still the buy of this but I do think that Prices in the short term for the euro, especially in the lead up to a potential rate hike You know, the euro should want to price in that hike and it may be a bit higher around this 108 to 109 areas Looking for that. There is I think a technical area A bit of confluence in that in that area there the 108 Um, and then you also have Decent area. I think probably somewhere around here. So Um, yeah between that 108 and 109 I think is decent for a short If you're looking for a long trade, I think any pullbacks into maybe the 105s might be good as well If you were looking to buy the euro Um dollar or say Aussie dollar and uh Aussie dollar again I think most currencies this week and for the past couple of weeks, you know, I've been I've been really kind of putting back And again, we've seen that on the uh on the dollar index. So Looking at where demand is I've got quite a lot of demand lots and lots of demand I'm gonna just draw this as one zone because you've got several zones in here. Um And you've got I think I'll just draw it right there um So again Fundamentally, do you want to be a buyer of the Australian dollar? Um against the u.s. Dollar. I'm a buyer of the Australian dollar, but not particularly against the u.s. Dollar Um, but if you were then you're looking at, you know pullbacks into That area there. I think probably the uh this zone here looks decent for The the 70 50 area somewhere around there might be decent for a potential buy Um, if you're looking to buy the Australian dollar if you're looking to sell then I think anywhere right now up into that two 0.7 to five area would be decent for a potential Short trade to buy the u.s. Dollar and the u.s. Dollar should want to strengthen In a risk-off environment But again, you'd probably want more maybe a bit more confluence of the dollar index looking to Strengthen before looking to get uh short on this currency pair, but for me, it's not really a pair that i'm interested in ozzy yen this pair I have been interested in and um Looking for prices to really kind of pull back before getting Long maybe into that 88 area before looking at getting long. Yes, we are in a risk-off environment But the Australian dollar did I think a hiked rates Recently so pull back into You know that 88 area I think is going to be very nice for a potential buy I think there's a flaw now in that In that price If you're looking to buy the japanese yen then again a pullback into the 93s The yen may strengthen if you know the bank of japan Do come out and start to get a bit more hawkish on the On the japanese yen So you could see That and if that is the case then maybe this may not hold as much But this I think the 85 area is definitely going to be one for that but Either way, I think the Australian dollar is a buy against the japanese yen And finally gold and gold again has been a very uh very tricky to trade There was you know prices did come down into the 118 areas I'm talking about this a few weeks ago a couple weeks ago and prices have gone up from there So any pullbacks think there was definitely a flaw there Especially if inflation starts to Still go higher I think there is definitely a potential Buy within this zone if you are looking to you know sell the sell gold And still buy the dollar then literally just looking for that pullback up to that 1880s level and then look for a potential Sell trade again gold very tricky to trade at the moment. It really typically wasn't reacting To to to fundamentals, um, whether it's being suppressed manipulated Who knows but um when you think about how high inflation is and gold hasn't Really, you know gone through the roof. It's uh, you know a big question mark there So, uh, let's see what happens with gold, but uh guys That's it for this week again. Thank you for watching and making it this far Don't forget to check out the website and I look forward to working with you If I haven't got back to your messages by the way I definitely will just been a bit busy and I will get back to each and every one of you Thank you for watching and I'll speak to you soon. Have a great week