Hi Alabama,,
speculation of course but
Gold in AUD fell this morning from 1172 to 1163,,has rebounded as resistance was broken at 1170USD POG,,,fall on low volume and shorting(based on short data from ASX over the last few days)
IMO gold will break 1200 near term with US Gov borrowing more last night with GDP lower than previously advised,,,Dollar going down as its backed by nothing other than a workforce out of work.......
If this can get the bid to 36.93, IMO it will break back over 37 today....
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