After the past two days risk on move, I never thought I would say the words "key support" again, but for Gold it comes in the 1133/1136 zone. A break of that area and it can get interesting.
@callum-intresting you should mention GOLDman perhaps frontrunning a Chinese revaluation by "secretly" and "covertly" buying JPY. Last week Ashraf, I think in a tweet, mention O'Neill at Goldman was declaring China would revalue by up to 5% sooner rather than later.
Regarding your "fresh shorts" above 1.37. All the analysts are out being Weatherman today, pounding the table that euro will be bought on any dip. Just last Friday and Sunday on open same WEATHERMAN were saying euro would be sold any rally.
Again, the wind is blowin' up fo euro, so WEATHERMAN exhalt the masses to buy euro hand over fist. When it breaks 1.35 again, same WEATHERMAN will be screaming what the new downside target is, never ever even mentioning they told everyone to buy all dips in euro.
@chloe-as of now, USDCAD has fought its way back over the 1.03 handle even without a pullback in gold, eur, aud, gbp. Well at least AUDNZD has stopped going up, at least for a few hours, lol.
@chloe-first time in a long time I am not sure what to do. Confused by the move down in USDJYP even thought U.S. yields have trickled up -among other things.
I would have thought the Greek news, which was known to be today, was factored in in the asian rally on Monday.
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)
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؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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and even our old dog USDCAD hit 1.0320 in very light trading
Regarding your "fresh shorts" above 1.37. All the analysts are out being Weatherman today, pounding the table that euro will be bought on any dip. Just last Friday and Sunday on open same WEATHERMAN were saying euro would be sold any rally.
Again, the wind is blowin' up fo euro, so WEATHERMAN exhalt the masses to buy euro hand over fist. When it breaks 1.35 again, same WEATHERMAN will be screaming what the new downside target is, never ever even mentioning they told everyone to buy all dips in euro.
What happened to "buy the rumor, sell news"?
I would have thought the Greek news, which was known to be today, was factored in in the asian rally on Monday.