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6,436 Posts.
963
19/09/18
12:06
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imo the pause is nothing to do with drm specifics and neither is market depth
was algo driven selling into sentiment as usd gold fell on combo of next US rate hike + impact of china rmb deval that drove usd gold
priced in and now this round of tariffs are in - should start to see some reversals
recent failure of usd dxy to break 95c probably also bring some back into gold
but the trade is as much unseen computers as it is real people - which is why market depth is such a poor indicator
algos were testing longs by ducking it below the trendline
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