What impact does a US recession have on the price of gold? Obviously a bullish to bearish turn overnight is very worrying around the outlook for gold's upward trend, or more importantly, where it is going to bottom out.
Bounced nicely off 915-920, but it isn't breaking through 940 and with potential poor growth news due in Europe that will affect the Euro, then the probable fall of economic indicators in the US - looks like another downward spiral.
