Beats me BFM but the dollar index was up 0.36 so gold "should" have been down, not to mention the massive short position by the commercials....
So far gold is above both 50 and 200 day MA's and the trend still looks great.
Here's some more details clipped form this mornings Russell
VIX was down .64 to 26.73. Option-writers less and less fearful.
McClellan Oscillation at 129, down slightly but still bullish.
Flash -- Lowry's figures show a virtual collapse in Selling Pressure. This is a huge plus for the market. This market is "floating up" on a day after day decline in selling pressure.
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