GOLD 0.51% $1,391.7 gold futures

gold will retrace tonight, page-9

  1. 24,765 Posts.
    Burnett posted:
    "if employment figures come in as expected or worse, POG will rebound"

    My comment:

    Based on recent experience the employment figures are used as an excuse to sell off gold. If they are better than expected gold will sell off bercause all is fine while if they are worse than expected then gold is sold off to stop gold rising on bad economic news.
 
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