Loading ...Prior momentum and false higher rates news kept dopey/dollar climbing too long.
I just KNEW the dollar bull futures players were pushing their bullish dollar play too far, and TPTB would step in like they always do, and brutally re-direct the futures players in the desired direction.
The gold short or bearish futures players pushed gold too low. So Gold bears and dollar bulls playing futures got there asses handed to them this morning, to change their mentalities.
On Dec third the managers started new trends, lower dollar higher gold.
Dollar got too high:
http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
Gold got too low:
http://finviz.com/futures_charts.ashx?t=METALS&p=d1