7.75 of USDHKD continues to be tested. This post links together some others I have wrote about on this topic including HKMA intervention. With excerpts from Zerohedge and Sovereign Man.
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Gold had a bullish expansion in June and after that, price has been consolidation and retracing. This retracement is towards a support (see chart below) On D1, it seems to be mapping out a 1234 pattern, but this 1234 produces hardly(in d1) and very
Dow Jones Index has been flying higher and higher.
There might be a slight correction especially with 1234 forming.
Received a few questions from students on this pair this week. Mostly the consensus seems to be looking for a long. Let’s see how we arrived at this conclusion. AUDJPY Big Picture on Weekly Charts There is a 1234 downflow pattern seem (This is also