$1851 in #Gold: We talked about it yesterday, it had to hold support and it did!
Using a #Fibonacci retracement, and connecting the contract high to the triple bottom, we see today’s action reach the 38.2% retracement, and it could be looking at $1900.
#Platinum is a little disappointing but we would be looking to enter longs at this current up trendline, as price action pulls back into it.
#Copper broke support, Stochastics are rolling over, all potential signs that it could be headed lower. Copper does have a seasonality to it, looking to purchase November and sell in December (Tune in for the exact dates!)
Dollar Index made a new high last night, but failed to perform today. (We do believe this had something to do with the inflation numbers in the UK)
Which currencies make up the weighting of the Dollar Index?
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