darth.stocks

Gold: Waiting on break of resistance

darth.stocks Updated   
FX_IDC:XAUWCU   GOLD / WORLD CURRENCY UNIT
5
Gold against a currency basket just got to a cross resistance... On break one should definitely go long.
Comment:
30Y yields back to 3% handle, JPY tumbling towards 110. Time to go short...
Comment:
Chart Fun: Narrow range between support and resistance.. Once the movement starts it will be convincing.
Comment:
usdjpy about to break 110. pace of selloff should increase
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