Gold profit taking and safe haven money exiting as covid19 pandemic eases and going back into stocks.
Lot of mkney was parked in gold.
This pull back is healthy and a retest of 1700 then 1685 possible.
Gold will be $1800 by xmas with a possible year high of $2000
There my thpughts anyway.
I went long aud last week with a call of 67 possibly 70.
May need tonrevise the 70 to 72.
Even pegging with USD is not out of the question. Gfc history repeats
Tuesday 26 May, page-181
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