"i may take a profit around 4 and go short for US trade"
If previous patterns are anything to go by that may be a sound move ..... BUT ....
I have a gut feeling that the 'old pattern' of seeing the gold price smashed down on NY Comex each night will not be sustainable for much longer.
I would hate to "go short for US trade" when the worm finally turns because it could be quite dramatic.
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