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  • #1
  • First Post: Nov 22, 2018 8:38pm Nov 22, 2018 8:38pm
US is on holiday...I think we will just drift in a tight range until US re-opens.
  • #2
  • Nov 22, 2018 8:57pm Nov 22, 2018 8:57pm
Quoting LeongPuiy
{quote} Good morning Akim, GU more likely go down first and shoot upside again
Agreed...the huge rally was simply based on news...once the euphoria, short coverings and SL hits are over, we should see it drift back down...

GBP is undervalued at the moment, but until Brexit is truly over, I don't think we should be looking to buy the cable.
  • #3
  • Nov 22, 2018 9:05pm Nov 22, 2018 9:05pm
My take is that gold will be heading down, so following that, UJ should pop up.
  • #4
  • Nov 22, 2018 9:13pm Nov 22, 2018 9:13pm
Quoting beefStew
Good morning folks, I went long @1.14063 SL @1.14030 TP maybe around 1.1423
I think I would rather go short. EUR looks suspectible with both Italy and Brexit issues. And it's Friday.
  • #5
  • Last Post: Nov 23, 2018 3:19am Nov 23, 2018 3:19am
Quoting camvcvoo
{quote} MMs/LPs balancing their book of orders. Maybe look for 1195 to reverse back up. If not, potential to go down to 1144 level.
That's a little extreme. 1167 and 1180 levels offer plenty of support. USD has to be like crazy in demand for gold to sniff below 1167. My two cents.
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