Lots of mixed signals at the moment. You'd think a possible Greek default might have moved gold up. In fact in currency ( other countries ) terms it's down based on USD index falling 2.5% this week. Possibility of Fed increasing rates this year is getting more remote day by day. 2 year US bond rates have fallen from .57% to .48% this week. With 10 year falling from 1.97 to 1.88 and 30 yr only slightly down. Inflation read from US tonight.
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- Gold pattern pointing up
Gold pattern pointing up, page-4
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