The battle between US Dollar and the Japanese Yen is rife. None of these currencies is yielding to the other. The price is consolidating back to the avarage price of 112.216. I see the consolidation continuing to the rest of the year trading this requires a high margin of 2.0 updawards when you see price bouncing at the top for a short at 114.00s or bouncing at...
GOLD has been creating lower lows todays. It fell twice in 8hours during the day. It has created a double bottom on the resistance line. Tuesday 30 Nov may be the day Gold gains the momentum to the upside. I do think it is going long from tomorrow to Friday 03 Dec.
A "potential head and shoulders" movement to the downside.
There is a potential Long position to the upside on the US30. What do you think