GU Commentary:
With AU, EU, GU...all getting pumped ahead of yesterday's multiple USD high impact releases, and with AU and EU strong selloffs afterwards, what if more selloff "pro-USD" moves come today? What about this one, GU? Well, it has already made the RWH mark, so it has lots of room to drop! And therefore, this one might be an excellent choice to keep an eye on, to watch if a short setup occurs. It has been ranging since the end of the pre-USD releases pump yesterday. Unlike AU and EU, the selloff has not begun,........yet. Maybe there won't be a selloff. We'll see.
With AU, EU, GU...all getting pumped ahead of yesterday's multiple USD high impact releases, and with AU and EU strong selloffs afterwards, what if more selloff "pro-USD" moves come today? What about this one, GU? Well, it has already made the RWH mark, so it has lots of room to drop! And therefore, this one might be an excellent choice to keep an eye on, to watch if a short setup occurs. It has been ranging since the end of the pre-USD releases pump yesterday. Unlike AU and EU, the selloff has not begun,........yet. Maybe there won't be a selloff. We'll see.