Mô tả
⋅ Prices are at 50% retracement of upleg from late Feb.
Speculative / commercial positions are within normal limits, i.e. not overstretched.
Hedge gold longs with USD longs against EUR, JPY, NZD, CAD.
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⋅ Entered long.
Very interesting support zone near 1210-1220.
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⋅ Reversal of correction is imminent
Divergence on 15M chart
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⋅ Now we have divergence on a 4H chart. Adding to longs here.
As always, hedging with USD longs against JPY/EUR/NZD/AUD (which have performed rather well today!)
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⋅ Some juicy bullish divergence - bearish momentum slowing