Best looking weekly chart, page-1923

The usual suspects, playing their usual games.

'I don't sell gold often, but when I do, I do it at the moment of minimal market liquidity, and with absolutely zero concern for prices'!

The producers will have to figure out some mechanism where they control how, and where, and in what form, they see their gold.

Otherwise, the 'US-centric' absurdities will continue. Old woman in Kentucky, loses her job, international gold price goes up $US50. The next day, her three cousins, score jobs, flipping burgers, part-time, and the international gold price goes down by $US100!

'The gold market is seeing some renewed momentum as the U.S. labor market continues to weaken as American workers applied for first-time unemployment benefits after a faster pace than expected last week.

Thursday, the U.S. Labor Department said that weekly jobless claims increased by 13,000 to 215,000 during the weekending Feb. 24, up from the previous week's revised estimate of201,000 claims.

The number was higher than the consensus forecast,as economists were expecting to see jobless claims hold relatively steady at around 209,000.

The gold market is seeing some solid buying in its initial reaction to the disappointing weekly labor data. Spot gold prices last traded at $2,050.40 an ounce, up 0.42% on the day.'