GOLD 0.51% $1,391.7 gold futures

Yes I think the main driver to POG ATM is the US/YEN which I...

  1. 411 Posts.
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    Yes I think the main driver to POG ATM is the US/YEN which I have observed have been trading around 100.15-100.30 for the last few days in an extremely tight range. It has dipped for a short time below 100 only to be quickly pushed back above the 100 mark. To me there are some games going on here which in turn is indirectly impacting on POG. A significant push below 100 perhaps into the 97-98 range will see the game change.

    Just my observations !!!
 
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