MQG has arrived back at its August high and basic resistance/average price of the last 12 months, considering the overall position of global equities plus of course the December factor our preferred scenario is we now see a break out towards $200 although it’s a move we will be more inclined to fade as opposed to chase.
- We can see MQG popping 5-10% higher into Christmas.
MM remains long and mildly bullish MQG
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