of course it will break. That negates Ashraf's hypothesis. Now what? Add capital to the account to avoid a liquidation, and hope and pray something works?
My order to close gold shorts at 1117 was not "approached" in asia or europe. Instead, Gold has ripped up right through whatever resistance was supposed to be resulting from the quick drop from 1133 to 1126 yesterday.
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)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
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)
What will he say when Gold closes over 1140 today? Sorry, I was wrong?
Stock market is open for business. AAPL at an all time high. And there is absolutely no USD strength (ex-JPY).
There is zero percent chance of aud.usd turning around.
Oh well
I am with you guys and short gold at 1141. Closed my short euro and gbp already today.