darth.stocks

Gold: Waiting on break of resistance

FX_IDC:XAUWCU   GOLD / WORLD CURRENCY UNIT
85 0 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...
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Comment: Chart Fun: Narrow range between support and resistance.. Once the movement starts it will be convincing.
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Comment: usdjpy about to break 110. pace of selloff should increase
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