maybe 1.29,1.30 possible,but not today..i went short a bit ago,for no reason except a short term hunch...at 1.30 that would surprise me ,gold is under 1200 and things are just not added up in a logical way..figuring having somewhat of a trust for the g-20 ,how do they not see what they are doing by try to raise the euro without the fundamentals in place..the only thing i can logically see with that decision is ,they think the fundamental will come because of the manipulation or at least thats what they are shoving down our throats..and it has nothing to do with the known facts of market behavior..just the simple fact on shorter term charts 2-4 hr, just to break down a long time line,a high will always be followed someday by a new high,and a low will always test and beat a new low...the market wants to correct and move on..the g-20 dont want to loose what they own ,so its in each individual members own interest to hold off so they can reposition before the dam breaks sounds more like the logic to me..?
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