Margin rates are changin for metals and US stocks with IG Markets.
The margin required will be higher by the 25March..
I imagine other brokers will do the same.
This alone could calm down the volatility at the moment.
Looks like we are for a small correction downside over the coming month.
I am little suprised as I thought we would have a dead cat bounce but I have been wrong before.
My GOLD trades stopped but I am now still alive with SHORT's currently in at around 50points higher than the current price.
I am expecting OIL to sail back down to around 88dollars as demand will step down a little and USD is looks set to range around 155-15250 mark.
Another rate cut in June expected for another 50points in the US.
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