darth.stocks

Gold: still waiting

FX:XAUUSD   Gold / U.S. Dollar
85 0 3
For sure it is a broadening formation, but it still can be bullish ...! Waiting if 1270 Region holds.
Comment: Still tooooo early. Wait for the BOJ decision on actions against JY appreciation after BREXIT poll. Recent Kuroda interviews point to some major actions. Most likely this could be the "short of the year"....
Comment: Still staying OUT!! To many were caught on the wrong foot so it is likely that this will cause the "mother of all margin calls" affecting all trades. Don't buy the f...... Dip yet!
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