GOLD 0.51% $1,391.7 gold futures

CW, hi there. Just wanted to ask or clarify something. Now that...

  1. 10,404 Posts.
    CW, hi there. Just wanted to ask or clarify something. Now that gold has hit the RSI for a while are you suggesting that the price may consolidate?

    If that were the case, and I know that there are plenty out there that really want it, but could it be that QE(n+1) doesn't happen Thursday but rather early next year as a combatant against a possible market upheaval (due to the US deficit)?

    It does seem that a QE has already been priced into the markets.

 
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