Gold at the gate of the abyss

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HK [email protected]  08:46:28 GMT - 07/20/2018
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A 1210-support breach means an openning to a further big fall, which means a stronger USD to the dismay of Trump, and maybe other businesses in exports.

One thus can expect another verbal intervention(Friday) to slow the strengthening of the USD.

It is clear, that a too strong USD, will lead at last to big job losses by closures and/or moving production overseas, a process which if gains momentum will not be easy to reverse.

HK [email protected]  08:54:21 GMT - 07/20/2018

Buy Gold
Entry: 1210 Target: 1250 Stop: 1195
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A contrarian trader, can expect a retest of 1250 B4 resumption of price decline.

manila tom  09:05:30 GMT - 07/20/2018
exports? what to export when you go into a trade war?

HK [email protected]  09:23:09 GMT - 07/20/2018
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manila tom 09:05
If the price of the product you need is right, and if the quality is right and if it is USA-made...you will buy it:) unless banned.

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