Anferni, I was just about to mention the gold H&S, but u beat me to it. Anyway, I woke this morning thinking it was dejavu from friday - fade the gap, free money. AUD and SPI gaps have filled from this morning, and now I suspect we just mark time until Europe opens, unless we get a strong move from China or Japan.
Don't worry about the fundamentals too much re gold/USD, as it has moved a long way, and large positions may be just being unloaded as Calvo has alluded to.
monday trading, page-12
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Last
8,300.2 |
Change
15.000(0.18%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,285.2 | 8,317.7 | 8,244.3 |
| XJO (ASX) Chart |