GOLD 0.51% $1,391.7 gold futures

Yeah it didn't take long for the $aud to drop down to support at...

  1. 10,222 Posts.
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    Yeah it didn't take long for the $aud to drop down to support at 70 cents. Its due a bounce as its heavily oversold but the more illiquid these markets get the lower it will go.
    The mechanics of the gold game are suggesting a bounce is due.
    The $usd is being pushed lower in an attempt to contain illiquidiity and limit downside share price activity.
    They are massively in the gold game in defensive action.
 
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