gold, page-1762

US dollar continues to move higher correcting its oversold position.
The dollar is rising even with a weak NFP.
I think once credit issues come to the fore again (they can't be far away now) the US dollar will likely rise.
Gold is back up there in no mans land giving the enemy the finger.
The COT chart is at a major extreme with 60,000 new commercial shorts added.
The criminals are angry and desperate while gold happily wanders around.
Might see an inverted situation here with a high in June.