Pipphenes
Gold Interesting TimesWe are long term bullish on Gold.
We purchased over 5lbs of physical gold around the 1200oz pricepoint.
However, there may be an oppertunity to catch a short at these levels.
We are worried that we could see the Trump Admin reinstate a gold-backed dollar - punching golds prices up into the $4,5,6-10k price per oz points.
Watching - Lets see how next week plays out.
GBPJPY Long Update - Close EyeOur GJ entry got stopped out (real market)
Looking to get back in - keeping a close eye on this pair for perfect entry point.
GBP Strength Coming
JPY Weakness Coming
Potential to see 138 met before bullish leg back to mid 140's
700+pip potential.
GO SMALL! GBPJPY is a Powerful pair - Does not need large lot sizes.