The German team stick to their preference for the medium term bearish trend to resume soon enough but they remain officially neutral open to both a northward and southward breaks of key levels. Their short term call is a mild retracement of the recent bullish moves. Like everyone else they are fence sitting here and we stand at a key potential breakout or breakdown point for all sorts of asset classes and instruments. We have the Fed tomorrow and the ECB on the 6th of Sept. Here the report which was actually released early this week? The timing of the releases of these bullion reports is a little more erratic than the Swiss team’s report. These things are out of my control but apologies nonetheless.
(6 votes, average: 5.00 out of 5)
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