EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Gold Keeps H&S Pattern الذهب يحافظ على نموذجه
كيف مفاجآة مؤشر البي أم آي أسرعت هبوط الذهب و أين تنتهي صلاحية نموذج الكتفين و الرأس؟
Strong PMI accelerated Gold's pullback & what's needed from NVIDIA, AMD & MU
Before Shorting قبل البيع
Be careful of the following factors in case you're already short Nasdaq100 or SPX500 or thinking about shorting.
View Hot-Chart..
Still, not to be greedy. It's now around 1.4965. Surely it will rebound now though ...?
Had a small old underwater long position that I closed today for a 5 pip loss, only to see it climb another 35 pips or so :-) [I thought it was just about to turn round and head south, to I took my opportunity). Still, it was worth the actual plus potential pip loss to get shot of it, to be honest.
However, I have seen commentators (who admittedly may be goldbugs) say that gold is a good thing to hold in both deflationary as well as inflationary times. It's the ultimate safe haven.
I'm impressed by EUR/GBP! (but in the current climate I would _not_ attempt to predict further moves; if you twisted my arm I'd say get ready to short it, but I won't be doing).
use search on "Gold breaks the rules".
By the way, Ashraf's book tells us about various periods in history when this sort of correlation has (temporarily) broken down, so we should not be too surprised.
Inflation concerns? Is anyone seriously concerned about inflation at this point?