More likely positioning ahead of the US jobs numbers coming out tonight.
Weakness has been the dominant theme in US data over the last month so my bet is that it will continue. Whether this translates to a strong move in gold or if the sellers come in at any move into 1270-1280 again who knows.
SLR nice little high bull flag formed the last two weeks. Similar on PRU. Upward break out of this flag and above 70 cents should see a strong move to ~85.
highly leveraged play on aud gold price ..., page-107
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)