A.M. Look 5/11/23

There is a breakdown in all the Yen crosses which is something that Yra was onto a couple of weeks ago.

Have to wonder if this isn’t a reaction to the G7 statement negotiations for next weekend.

The strong Dollar is keeping the Gold bid against FX today.

Indices are soft with Spoo rejecting its 400 DMA once again.
Trade the range.

Right now my thoughts are for tomorrow.

Will we see the past few weeks repeat with a big Risk rally and a drubbing of Gold?

Trade to make money and await your spots.

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