GREY:ALXDF - Post by User
Post by
goldopportunityon Apr 24, 2017 6:44pm
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Post# 26159751
Fwiw........
Fwiw........Alexandria::
- Alxdf closed at usd .0575 = cdn .0776 (boc close 1.3511)
- Closed above 200dma with strong best bid,
- today's low double-bottomed with april 4th low
- All-in-all a good day considering sp was in low .05s for most of day
- Azx closed at cdn .07 (200dma) -- same shenanigans of absurd oversupply at ask
Bottom-line: As I mentioned friday, I'm expecting a rally this week in sp
Gold:
- closed a tad over $1275, near day's high of $1277
- slowly but surely the pog is on its way to close today's huge down gap
- it's very important that gold close above $1265 -- it can go anywhere it wants intra-day, it just
has to close at or above its long-standing downtrend line of around $1265-6
Usd:
- closed at 98.91, near the day's low (98.81) -- huge opening down gap
Bottom-line: Euro strength may have kept greenback down -- but this far down??? Doesn't make sense. Plus 10-year treasury yield should have closed higher considering strength in the dow imo. I have a hunch what may be going on, but I'll wait till later this week to get confirmation before I share.
So we'll see what happens tomorrow. Always exciting! Jmvho.
goldopp