June 9 2021
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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