- Appears now that GS sell-off was just a trigger for a temporary shake out of risk assets. Now that calm has returned to the market, expect the old trends to continue their merry way.
- During this panic, XAU/EUR made a retracement from high of 865 to low 835. Missed buying at support at 838 as I was away. Am looking to increase long gold/short EUR on any small set back (a few EUR) from here (851) these couple of days.
- Chart is looking positive on all time frames. The bounce off 838, having been penetrated briefly, is a good sign.
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Legged into additional position at 849.6.
Sold EUR/USD at 1.3434 and bought Gold at 1141.4.
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