Loading ...A lot of people missed this move because they had their eye on the “high RSIs” and bearsih COTs…they. will be crowing “I told you so”…The U.S. dollar is down against every currency listed. on the Bloomberg. TV ticker except the euro…and the $ isn’t up much=just .154 which in no way justifies this open in gold…but we know “any ole excuse” will do to sell gold…actually the. euro is barely down=-.ooo6 on Bloomberg just now…
I much prefer this kind of open to an open where gold opens up 10 and is down 15 monday morn…there’s been a lot of big talk. by those that. were shut out that they would buy a pullback—at. the opening low tonight gold was down almost $60 from the high…let’s see if buyers step up…gold did bounce $11 off the low and silver bounced a dime…