A.M Look 8/18/20

Metals and the Dollar

Gold completed a 2/3rds retrace back up from the AUG 7 high against many of its FX counter-parties.

Gold/Aussie is a good picture.

Gold/Bond..has completed a retest of the breakdown level. it will take a couple of closes above to go again.

Gold/Nasd shows the same picture.

You should listen to Andrew’s comments yesterday about seasonality.
We are lucky to have another sentient being in our midst!

Euro…third time up @ 119.15. Above it starts on another swing.

Follow the Yellow brick road.

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