Big volume day with options and futures expiry.
Gold could not get back through
the resent spike lower to 1673, looks good every morning this week for a rebound but no conviction.
that fall through the 200 dma will wake up quite a few into action i suspect
Us data says gdp at 3.1, sentiment and reasoning for gold in the absense of inflation growing, equities rising
Next stop 1650, if that breaks it goes to the jim rogers breakout number 1634, time will tell but as barndogg points out ncm is a beast and she will probably go up ten pc...
Still think a new 52 week low isnt too far away
spot check team, page-72
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