The market made a nice move down overnight. The Austrailian Central Bank voted to increase their rates 25 basis points over night. That announcement surprisingly enough coincided with the move down in April Gold. I will look to see how the momentum flows from here.
I look to take some money off the table at around 883.3 or by the end of the day tomorrow (which ever comes first). The overall position is now risk free plus three points.
Trade Well,
Ernest O.
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