Sell USD/CHF to 98.

Sell USD/CHF to 98.


I sold USDCHF             from 9980. USDCHF             correlates well with GOLD             since Switzerland has 25% of it’s reserves made up of Gold             . If Gold             is down in value, USDCHF             will go up. Since Gold             has bounced from the 1260 area and I think it will come back up, I see USDCHF             heading down to 98.