The euro saw lacklustre trade ahead of the aforementioned key risk events and traded either side of 1.21. On the flip side JPY was flat, hovering around 104 on the index. XAU continued its move higher with real yields falling again today, gold reached highs of 1875/oz, silver was also firmer. Overall as painted on the chart I am now looking for a third drive into this key range marked in the box before we see some bullish activity come into play into the later part of this week.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.