Intraday Market Thoughts

Gold H2 Performance & Latest Premium Trades

by Ashraf Laidi
Oct 5, 2011 19:24

Since the beginning of H2 (2nd half of the year), the best performing currencies against GOLD have been JPY, followed by NZD, EUR, CAD, SEK, AUD and BRL. Todays premium trades (released at 11:40 GMT) have hit all targets in USDCAD, gold and ES (S&P500 futures), with US crude oil. EURGBP and DJA (Dow-30 futures) all nearing the completion of all targets, while the 2nd trade in EURUSD was stopped out by 3 pips. We continue to view this as a temporary countermove ahead of Fridays jobs report, which could alter the game. Until then, more gains seen ahead. Direct access to todays Premium trades is here: Trial here:



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