I am closed to being convinced we will see 1.4411 at this stage (after a decent retrace of course).
Moving towards Gartley position as well from a technical point.
News was released about the "House" passing a bill designed to fight Chinese currency manipulation. I think there is something bigger that is transpiring. I suspect some "intervention" in the gold market. Let's see what happens!
Will be checking out for abnormal backwardation in the gold market for a signal.
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I am closed to being convinced we will see 1.4411 at this stage...
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