Agree
AUD looks like its bumped its head
divergence of PoG & AUD
H&S has broken the neckline, if it breaks higher it might force a short cover, otherwise it might retest that neckline
If we get upto 2100 and even retrace 23.6 or 38.2% we have probably and average spot price of USD1900 to 2000 between here and march
lets say 200-300 AUD extra an ounce x 14koz = 2.8 to 4.2 million extra profit .. potentially more if the AUD takes a dive
AgreeAUD looks like its bumped its head divergence of PoG &...
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