TheShortLife
Short

Gold pennant in a down trend breaks down

FX:XAUUSD   Gold Spot / U.S. Dollar
Bearish pennant on gold . US dollar spiking next week, oversold today outside lower bollinger band and we have fed meeting.
ok with the US spike, but if it is to happen in parallel with a market crash, don't you think there will be a yen exception, usd will spike against everything but yen which will in turn spikes against everything by definition
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