Gold has broken the 200day moving avwrage tonight at 1258 approx. Needs to regain above this level prior to close.
If employment number miss friday night can see a 50 dollar bounce in gold amd the USD below 96. If it beats expectations then a test of 1236 an old resistance point will be tested.
Read ina news item tonight FOMC may step into the market and buy company bonds and stocks to absord selling pressure if they move in november. Absurdity if they do.
Fun and games till december in the precious metals and until the USD stops tearing gigher gold will be punished.
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