Gold has made an impressive rebound today off 1980. I missed the
move to go long there, and I would not short near 2005-ish as
short-term it is oversold. I want 2036 to short and 1975 to go
long. The next move is lower IMHO, as the ledge support on eurusd
does not look like it will hold for another impulsive move
higher.
Lean hogs seem to be putting a low today. Cotton still looks
like it wants to go higher.
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Gold has made an impressive
Posted by junkie on 19th of Apr 2023 at 11:09 am
Gold has made an impressive rebound today off 1980. I missed the move to go long there, and I would not short near 2005-ish as short-term it is oversold. I want 2036 to short and 1975 to go long. The next move is lower IMHO, as the ledge support on eurusd does not look like it will hold for another impulsive move higher.
Lean hogs seem to be putting a low today. Cotton still looks like it wants to go higher.