gold chat, page-6

"I don't understand it."

Last night had one of those interesting exceptions where equities went up and gold went down. (Four days out of five they move together.)

The drop in gold looks to have been pushed by a one off order. There was no follow through selling once it was filled.

There doesn't seem to be any committment among the traders which is odd given the very high open interest in the December contract.

I'm still sitting on the side lines. Good luck to those of you hanging in there.