The Day Ahead: PM Edition 2021-08-11
Gold putting in some work on a bounce
Bonds
ZB is trying to stabilize and bounce a little against support at 162^14. I’d like any correction to be more in time than price so as to mostly stay under the daily moving averages.
Crude Oil
Crude dipped early than recovered the initial drop. Now working toward deep wave [II] retrace targets at 70.81 and 71.94.
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