XAU AUD looks close to breakout. ascending triangle setup on the daily chart. the debasement of the AUD by the RBA is still in place to slowly deflate this asset bubble. Govt is now competing with the private sector in the labour market. why work when i can get a hand out. each year means more retirees who get 1000/FT to do nothing. migrants bring their parents over to collect. 2023 could be the year the PIPER gets paid.
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I was right on this one. now lets see if XAU USD can do the same