Whilst the mediocre employment numbers no doubt gave POG a little lift, the bulk of the rise is the fact that Russian tanks etc, have been seen heading towards Ukraine. Whether POG rises further or falls is dependant on what happens next. Is Putin grandstanding for the upcoming G20 summit, or something else? If, as I believe the former, then he will keep the tanks there a little while longer, so POG should remain elevated for the next week or so IMO. BUT.
NST Market Manipulation - Churning, page-52
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