well well well, we got lots of countercurrents going on now with the Euro. A bad German bond auction last weak gave props to USD. Now the latest bullshit of some kind of fiscal union that should already have been there before the Euro was made. Anyway, this stabalised USD--and so to...GOLDZ! When there is extreme fear the USD beats everything including gold.
Price has bounced off trendline support extending from 1600. Well within a thick Kumo cloud so I expect this area to hold solid. Right now cloud floor is around 1660.50. Cloud ceiling 1725.35. Expect some consolidation before I feel we get an eventual breakout above 1725. Shit, at the very least this range should hold without too much selloff. But with price below the tenkan san and Kijun san and Chikou under cloud, we still have a ways to go before this qualifies as an ichimoku trade on the daily TF
If you can get in on a pullback, PULL THE TRIGGER
EXTREME FINANCIAL VIOLENCE WITH CENTRAL BANK DECAPITATION
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