Long Dollar
Hold Gold
The dollar looks oversold and the Yen seems to have hit a wall. We bought at ¥98.8 we'll sell now at the lower ¥91's.
It won't be too long before we are long JPY again.
Happy days.
Gold will naturally weaken as it looks for a reason to make a sustained bid to get back over $1000. That context may not be available just yet. But no mistake it shall come.
So we shall hold.
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