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Underlying: XAUUSD
Time frame: 1D
The one saving grace right now is that gold is starting to bounce a small amount on Friday. This is revesing in the "wider" range we identified last week.
What do we need to happen now?...
BOJ is exporting deflation to the rest of the world and has also lifted all global stocks as BOJ has said it will be buying global stocks and bonds. It looks like the 33 plus year bear market in the NIkkei may be coming to an end.