- Added to long GCQ1 at 1529.
- Spot gold >1526 = early indication that the picture is turning bullish again after recent wobble.
- Risk is that this turns out to be top of trading range. Best not get too carried away. [But unlike EUR/USD, price action in Gold is a lot more encouraging].
25 May 2011
Gold : Looking Better
Labels:
COMMODITIES,
Core,
Gold
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