- Fine about the architecture of the trade deal, but details are crucial
- On the last mile of negotiations
Once/if the level playing field is resolved then that should seal the deal. Definite shift in sentiment over Brexit negotiations this am with more upbeat tones all round. Will it last? My view is that we will get there, but I am not buying the GBP on that view. Prudent action is to stay tuned and then probably look for a buy the rumour, sell the fact response.
Further Development
Analyzing the current trading chart of Gold, I found that there is potential for the another upside movement due to accumulation that I have found.
My advice is to watch for buying opportunities with the potential target at $1,847.
I also found the fake breakout of th support at $1,823., which is another confirmation for fhe further rise.
1-Day relative strength performance Finviz
Based on the graph above I found that on the top of the list we got Ethanol and Natural Gas today and on the bottom VIX and Orange Juice.
Key Levels:
Resistance: $1,847
Support level: $1,825/2
