The scum did a heck of a job knocking it back down. It appears that maybe $32.50 is important to them?
We need another $5 to get gold back to the $2650 level. Doesn’t look like anyone is rushing to cover before the weekend so may not get there.
Disappointing that we couldn’t hold the gains. Any other sector would have held up or kept going and the shares suck as usual.
OTOH, this is a jobs report day, and the dollar and rates are screaming higher, so maybe the better way to look at it is that we probably dodged a bullet? We probably should be down a lot.
Monday’s coming. The Chinese are back in town, and the scum is showing chinks in their armor. Call it a win.