@Ophir I live blogged the US Releases from 12:30 (as I generally do) in R/T,,,yes GC fell immediately and then spiked up. I had to point this out, so intense was the discussion - and distraction - on the Econ Releases (also Int. Trade for Jan), and their potential impact - on gold, currencies, equities and perhaps most importantly, the Fed and rates.
Why "inevitable"? Profit taking? Just a repetitive pattern you've observed - two steps forward, one step back? Something else?
Closed $1,256.
After my Post, I see you made one earlier. Seems you think its the usual suspects?
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- Commodities
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- Gold about to erupt
Gold about to erupt, page-893
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