The sun starts to shine again for gold bugs
As I have written many times before it has been a torrid time for gold bugs, who have seen the precious metal collapse from the dizzy heights of almost $2000 per ounce to plumb the lows of $1200 per ounce.
As I have written many times before it has been a torrid time for gold bugs, who have seen the precious metal collapse from the dizzy heights of almost $2000 per ounce to plumb the lows of $1200 per ounce.
Looks like the markets just about managed to avoid a mauling by the bears, who have now temporarily retreated to lick their wounds!
EUR/USD’s recent selloff might soon be over, as the pair formed a double bottom on its 1-hour time frame.
NZD/USD is forming a rising channel on its 1-hour time frame, after having bounced off the bottom near the .8200 major psychological support.
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This signal brought to by CAMS
This signal brought to by CAMS
This signal brought to by CAMS
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GBP/USD is still on an uptrend, despite the sharp selloff that occurred recently.