Gold Trader

June 9 2021

Gold Point & Figure USD 1 Dollar Chart

Yesterday the Foreign Exchange market for the major currencies was a subdued affair with the US Dollar barely moving.

That couldn’t be said about Gold which traded in a 19 dollar range. there was no news to drive the market. So there must be a fair amount of anxiety amongst traders holding positions, whether they are long or short.

The US CPI tomorrow could make a profound change in our thinking and the trajectory of the price of Gold in the near term.

But what about today?

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Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

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