gold lagged behind silver again...
weird
weird
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DislikedThere is a new term we hear these days as "uneven recovery" which might mean news won't clearly predict financial stages of countries, for example we may see CPI rising but GDP and Growth development won't follow. From macroeconomic point of view I see the main problem is IMF since this organization was created in 1946, I guess, to stabilize exchange rates, however whenever a country faces financial problem tries to resolve the problem through monetary easing and the stabilization and balance in macro economy has lost order. we are in DEC and...Ignored
Dislikedyeah, I have the margin to endure this, and continue trading.
but let's hope gold/silver holds here...
one way to tell:
gold/silver is highly correlated to DJ Futures, not EUR/USD from what I know.Ignored
DislikedAUD GDP will be released in 2,5 hours maybe that would shed some light of where it might be heading.
It bounced today of the 23.6 fib(august low oktober high)
Stoch and RSI are overbought but havn't crossed 80 yet.
So if the GDP is good i am looking for short if it is bad en might take a small long and see where is is headingIgnored