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 the USD risk rally is coming to an end, moving south in EURUSD, GBPUSD, AUDUSD etc?
How far do you see USDCAD, AUDUSD & NZDUSD still go from here (1.16265, 0.7806, 0.6264 now)?
Are you still sticking to your guns on 0.617 for NZD, 1.58 for GBP & 1.378 for EUR before the trend reverses up?
Do you think there will be a retracement in EURUSD shortly, and if so, to what level?