Just pondering how US$ gold price will fair this week.
Analysts(who are usually wrong) are expecting good TIC inflows and retail sales data out tonight in US as been positive for US$ strength.No one is talking about the US budget deficit data due out Wednesday night.Oil is hogging the limelight at the moment but I have taken a punt on LHG on the belief that the USD will go lower.
Any other thoughts on this?
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