Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Do you think Ashraf will answer your question at some point? Have you come to any conclusion as to what is happening to Eur/Gbp in the meantime?
BTW, I am so glad I did not choose trading as my career path; I would have died of heart attack by now.... I don't know how you all can sustain such level of stress every day.
Thank you for sharing any opinon you might have on this.
Regards
Thank you for having taken the time to reply and for sharing your thoughts.
Kind regards
First of all, apologies for not being able to contribute to the forum with any personal comments. I am not a trader or a speculator and have little knowledge of the subject matter.
I read your article "Deflation Threat to QE Currencies" posted the 14/10 on The Market Oracle sitehttp://www.marketoracle.co.uk/Article14204.html) and, given the recent rally of GBP, would like to know if you still stand by the view expressed therein with regard to EUR/GBP.
I have been agonising for months whether and/or when to exchange my little pot of Euros into as I would like to be able to buy a little place to live in eventually.
Any comments would be very much appreciated.
Thank you.