Friday Smack-Watch

Maybe it's not a technical breakout of range but 55c up on a Friday night close out is nice to see.
 
If non farm and unemployment numbers are good you'll see a smack down in usd terms but probably more or less unchanged in aud.
 
If non farm and unemployment numbers are good you'll see a smack down in usd terms but probably more or less unchanged in aud.
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Told you. I fell asleep early and couldn't take advantage. Damn.
 
This Fridays smack down looks more like a Friday night knock out, since I bought a RCM one oz. gold bar and a kilo JM bar,f@#$
 
also EURO smackdown, so not a big change in price for us in europe :(

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I predict that we will actually go ok today. A little drop but nothing dramatic. The forex guys booking profits and covering shorts will limit the dxy loss. Although euro traders might be selling off incase things open worse Monday so who knows.

If Putin really did have a big old stroke and it finally comes out over the weekend then we might see a nice open Monday.
 
US PPI figures are out tonight which is a gauge as to what to expect from inflation which could influence prices. Won't be enough to push the USD index through 100 but sellers could step in pushing metal prices higher.
 
Caput Lupinum said:
US PPI figures are out tonight which is a gauge as to what to expect from inflation which could influence prices. Won't be enough to push the USD index through 100 but sellers could step in pushing metal prices higher.
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are you as sick as I am watching everyone obsess about the word "patient"? GDP figures will be big though I think.
 
I take what the Fed says in the FOMC minutes with a grain of salt. I tend to stick with what the data is indicating
 
PPI came in well below expectations which is causing the USD to sell off but it's fading quickly. The rising USD is already starting to bite and the Fed hasn't even began raising rates.
 
There's a disturbance in the Force. There's movement at the station. There's danger afoot.

Breakout. The colt from old Regret will do a runner.

$21.50.
 
Greece is suppose to come up with $2 billion today for a debt repayment to the IMF which I believe they are raiding pension funds and the state electricity account to come up with but apart from that it should be pretty quiet.
 
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