Gold pattern pointing up, page-975

trade certainly looking better as USD starts to ease after pricing in perfection and rate cuts, something its data simply is not delivering at the moment.

NEar term looking for a clear breach of the bookend 1221 and breach of 1 2 3 4, if history is a guide, big moves in both directions at that number. This time though USD is easing and commodities rising.

Its actually in US's interest for a lower dollar as it clearly bit into their results, whearas Euroland did well on the lower Euro,,,,,,,,,,,,,,,,,higher USD (or should I say this very high position from yoy) isn't good for US corporates or corporates holding so much money overseas..... Central banks slugging it out will continue

Still have to join the trade with stops ,,,,nothing is guaranteed,,,,but bid is seemingly growing in confidence, and volume is slowly increasing in spot trade....A lot of big short positions would be getting anzy,,,it hasn't poped yet and its already moved back up $40 USD in the last week.....

Cant complain, c how we go ayy