GOLD 0.51% $1,391.7 gold futures

Gold consolidating,accumulation on weakness still in progress....

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    Gold consolidating,accumulation on weakness still in progress.
    No sign of stress in the broader market as yet.Weaker US Dollar,Silver out performing Gold pointing to no liquidity issues
    Gold stocks under performed the General market in the US overnight.It may be due to consolidation of the move the day before.They have not broken resistence as yet.
    Zero Hedge reporting that all major Banks are getting survival packages.Maybe its because of the fear that the Bankers will have to stay in their buildings to escape the thundering herd.
 
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