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Raddled ramparts


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Posted

Early openers swaying in the breeze: Kiwis -0.2%, Aussies -0.9%, Nikkers -1% and Sth Korea -0.8%.

 

In Aussie sectors, Gold -3.1% is still in a downward trajectory with IT next at -1.6%.

 

 

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Posted

w?s=%5EAORD

 

 

Upward creep in the latter part of the day lifted All Ords to a close of -0.4%. All sectors finished off their lows with Gold -2.9% ranging to Telecomms +0.3% and Financials which came in flat.

 

Over in Asia, China +0.1%, Honkers -0.9%, India -0.3% and Nikkers -0.6%.

 

 

On to UK/Europe:

 

 

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Posted

EUR/USD few pips away from hitting new low of the year, tradng at 1.2879 right now

 

 

Staying short eurusd here until we get to 1.2000.

 

Still a believer in gold but have been getting my ass kicked on it lately.

Posted

Staying short eurusd here until we get to 1.2000.

 

Still a believer in gold but have been getting my ass kicked on it lately.

 

Short eurusd is a good hedge for gold dong.

 

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Posted

Short eurusd is a good hedge for gold dong.

 

f113885_I%20Concur%20Gorilla.jpg

 

Things should start looking up for gold soon. I can see an inverse H+S on the 5min chart here.

 

Unless people believe central banksters will stop printing money.

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