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squawk replied Jul 20, 2018GOLD Hooked 1230 and taken some profit. Bigger challenge to get and hold above 1240 now.
Mr. Scott's Crayon Thread
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squawk replied Jul 20, 2018Chinas Friday afternoon turnaround on Markets. You would have to say most of it has to do with the Yuan. Got to sell those US dollars to support the Yuan. Think we are at the pain point. PBOC into action? Shanghai Composite 2,829.15 , 2.04% SSE50 ...
Mr. Scott's Crayon Thread
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squawk replied Jul 20, 2018Like it Amigo. Im taking my cue from the Index. Should lead Copper out if it holds up here.
Mr. Scott's Crayon Thread
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squawk replied Jul 20, 2018DB holding gains last few days. 9 the bottom? Book value remains below but no one really measures a bank on book value. Most smart money is going to value the bank on increased earning such as we had a few days ago url lets hope the reality is ...
Mr. Scott's Crayon Thread
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squawk replied Jul 20, 2018Shanghai gets 2% a bid at the right level in the Asian session. Looking to hold and If it gets a run then should be reflected in a few especially Copper. Copper/Gold same run.
Mr. Scott's Crayon Thread
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squawk replied Jul 20, 2018GOLD in at push 1218. lets see if it close above 1230 or a new low close. May need more to play out a bottom here.
Mr. Scott's Crayon Thread
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squawk replied Jul 20, 2018YUAN have to wonder when the is the US going to fight back on this one. If this ends up an inside parabolic move then theres a trade here. This is not an orderly fashion of devaluation for PBOC.
Mr. Scott's Crayon Thread
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squawk replied Jul 19, 2018Index and Yen. Might as well make the same reference to GOLD.
Mr. Scott's Crayon Thread
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squawk replied Jul 19, 2018
will see, rather be buying at 1200 that 1400. Nothing a good Dollar tweet wouldn't fix. Has much more to do with the dollar than anything, so he must be super long dollar or have no clue what is driving the market at the moment.Mr. Scott's Crayon Thread
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squawk replied Jul 19, 2018Gold has interesting signal in zone. Needs to get above 1230.
Mr. Scott's Crayon Thread
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squawk replied Jul 19, 2018Yuan gets hammered. So much for the line in the sand by PBOC at around 6.700
Mr. Scott's Crayon Thread
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squawk replied Jul 19, 2018GOLD on lookout. More to do with the dollar than anything at the moment, but. I think you could trade either GOLD or Yen around these levels. Both coming into major areas.
Mr. Scott's Crayon Thread