Hi kischa, Gold price driven by explsion of platinum last few days, just saw some report on the minting of a trillion dollar coin, that will get a super thin market to pop,,,platinum was near 1500 , now 1620, everything up with it....
sadly aud exploded as well to just under 106, insane ayy,, but needed as oil just keeps on going.......pog aud still under 1600 aud with rising oil
Usa markets get a boost on thin volume, which is unusual now the holidays are over with ecb keeping rates on hold, expect some covering after a few came in late and a retest of 2208, expected it yesterday but the hedge funds were too strong in what looked like shorting and covering all day long....
Japans pm outlines his plans today, so some short term trading in commodities for sure,,,, not sure when the chinese go on a break. But one would consider everything to ease once they are on holidays!
Meantime, enjoy,,,
NCM Price at posting:
$21.56 Sentiment: None Disclosure: Not Held
