"Avoid taking small profits and big losses"
the correlation between Chinese Rembibi and the Gold is too damn high.
gold is a tool at the will of China i guess. this does not smell good.... How we can know what a guy in China central bank think about this tariff and all.... it seems like all it takes a button to push "devaluate %10" and that's gold's new price as well.... This scared me off Viking, to be honest.
What do you think about the current price action Viking? is this idea still valid? i'd say it is cause you are adding additional longs by 31st of Jul. Having the weekly close below 1215 made me think