Gold price, page-151

The other possibility is the market interpreted the failure of Doha meeting as positive, because the Fed will not dare to raise interest rate at their meeting end of the month.

There was no headline that I can see to link interest rate with the green DOW, what I have come across is the Kuwait strike put a floor to the oil price and offset the failed meeting in Doha.

WHAT A LOAD OF CRAP
The strike started the day of the Doha meeting and oil price took a dive.
Now they are saying the strike offsets the failed meeting. What about the increased production from Iran by 600,000 BOO last month and on their way to achieve 4M BOO by early 2017.
GIVE ME A BREAK

what we are witnessing is delaying the inevitable of big correction in the oil market when the strike is resolved. Now that the big players offloaded their holdings, let see what happen when the reality hits.

The current market is like a comic theatre with a funny play and silly talks, however the fundamentals of gold rally will win one day.
WAITING FOR MAY AND FED MEETING ON THE 26-27th of April.
NO NO NO, I should say waiting for the quarter report, the mother of all.

Happy days ahead.

Cheers,

Sydney