GOLD
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0.51% $1,391.7 gold futures

risk on ... risk off ...

  1. siameseparrot
    24,765 Posts.
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    06/02/12
    20:02
    Post #: 9653005
    I see Friday following the "good" US jobs number (rofl) that "risk on" dominated the market except for gold and silver which were sold down.

    Now tonight with worries about Greek debt it is "risk off" - so of course sell down gold and silver - gold has been knocked below US$1720.

    It seems that irrespective of whether news is bullish for gold or not - gold is now sold off.

    Is there one word for that? Manipulation?
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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