don't know ptaczek -but I am putting in a small short now on usdjpy at 93.6 - and another one at 94 - if it takes out 94.5 i will get out. if it works out targets are below 92 and hopefully 90.5.
I think Gold's supply-demand market structure has changed over the last 6 months or so. There are too many different interests in gold now - central banks are key but hedge funds (like Paulson), ETFs and the like have substantially greater exposure to the metal than has ever been before, which has helped keep it well bid.
don't be surprised if this sparks off an equities sell off with the Euro to 1.3 in the next few days - US open will be interesting. Looks like Ashraf has friends at Fitch.
With you on this INGbalek - but in from 9162 - will get out of trade if it does not take out 9100 by US close today. Needs to break 9100 to confirm bearish structure. If it does, I plan to bring SL to 9190 (high of yesterday)
If it takes out 9250 on the upside then the bullish structure from Feb 5 continues with further gains - in my opinion.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
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If it takes out 9250 on the upside then the bullish structure from Feb 5 continues with further gains - in my opinion.
GL