GOLD 0.51% $1,391.7 gold futures

Gold pattern pointing up, page-973

  1. 679 Posts.
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    The us put out weak data at a time when gdp growth hit 0.2%. The greenback retreated with investors locking in value with gold as opposed to bonds, which are raising in yield due to a drop in prices and increase in supply. To emphacize how dire the situation is... the rba dropped rates and our dollar went up 4c.
 
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