Last time this happened GXY rose about 7%
It was on a Friday about 7 weeks ago. All signs were for a bad day and it went from $2.22- $2.36.
If it was always so simple US up GXY up, US Down GXY down.
There are a lot of other factors and if we all could predict it we wouldn't be here now would we.
A lot of shorts need to cover and days like this can be good to cover without making the price rise.
GL
Last time this happened GXY rose about 7% It was on a Friday...
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