Nothing official on the radar that could derail the overall market sentiment for the next couple of days through to Friday close.
A break above $4.05 would be the first decent sign and then obviously a new 52 week high would be the obvious next goal. $4.18 or higher.
As mentioned a couple of days ago, US non farm payrolls release on Friday is the most significant official news event. A good result, onwards and upwards.
Not so good?, well tied in with high inflation numbers (next round due a week tomorrow 10th June) could stir things up a bit. Just a couple of things to keep in mind.
Trend is our friend and still looking good as at close tonight.
US futures flat. Chinese Li stocks generally are off a bit. See what impact it has on the Lit ETF.
Not advice. DYOR.
GXY Price at posting:
$3.97 Sentiment: Hold Disclosure: Held
