Typical as to how long it took to climb those jaggered stairs in the tight range but slice through it on the way down on a piece of US news that I didn't even think it all that important. Maybe the smart money knows the consumer sentiment number in advance and looking for a reason to smash it. This is repeated across all the USD pairs, some worse than others.
Again talking about divergence, our index is sure reacting differently to the US indices so this is just some randomness among the chaos or maybe we are just playing catch up having wash the stale bulls out of the system?
Well boys off to start looking for some gold stocks investments. 14money showed the way with SAR and it will appear I have a lot of reading to do!
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China sets up largest gold fund, page-61
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