Thursday, October 7, 2010

Looks like someone opened the door...

15:51CET

Market taking things the other way around as USD makes a strong one-way ticket comeback. Not knowing exactly the excuse the mainstream folks will use, some start to rumor that it is because middle-east guys are squaring positions (there's always an excuse, is it not?).

Gold retracing to $1,340/oz is also very good news, as it is perhaps marking something else than just a short-term halt to a very much aberration and distressed technical market.

Posted via email from MT4

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