Everything I hate about the gold market....
Has come back in the last two days:
Down on no fundamental news, the dollar "magically" rallies out of no where, any attempt at rallies are squashed, etc. etc.
I was correct in my last post. The dollar rallied off of nothing, and gold at its worst was down to $880 or almost $22. It has since rallied to down $12...yeah, lucky us.
Should be a fun one.
Oh, wait, the TIC report came in, showing net inflows of $90 Billion. Gee, surprise, surprise.
I don't mean to keep whining like a school girl, but this is the type of action that just reeks of the third hand.
It never ends.
Down on no fundamental news, the dollar "magically" rallies out of no where, any attempt at rallies are squashed, etc. etc.
I was correct in my last post. The dollar rallied off of nothing, and gold at its worst was down to $880 or almost $22. It has since rallied to down $12...yeah, lucky us.
Should be a fun one.
Oh, wait, the TIC report came in, showing net inflows of $90 Billion. Gee, surprise, surprise.
I don't mean to keep whining like a school girl, but this is the type of action that just reeks of the third hand.
It never ends.


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