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Lots of Confusion on Gold

Admin
Gold
0 Comment

May05

Another crazy situation.

Spinning top shows major confusion at the resistance as gold went up initial on bad import/export data.

And then dropped on good trade balance data

GOLD has a slightly delayed reaction to TRY movement. As shown in the blue highlights. Now we have TRY shooting up to previous high. Meaning USD likely to get stronger. We should see Gold PEAK around $1800 - $1818

Crude Oil Prices Ready to Pop Again - Expect $6 movement either direction

Admin
Oil
0 Comment

Jul09

Crude Oil has been moving sideways since June (around 6 weeks now), progressively moving in a narrowing trading range. To be honest I didn’t quite expect this, and I did have 2 Options straddle positions that expired worthless, since we didn’t get a large enough move in either direction. However I think we have reached a ‘b...

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+44 754 3944 236

Lots of Confusion on Gold

May05

Gold Vs USDTRY Comparison

Apr22

Crude Oil Prices Ready to Pop Again - Expect $6 movement either direction

Jul09

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