Gold Falls Out Of Bed In A Flash (GLD)
Gold weakness is still an issue into the afternoon trade.. consolidation above support of 1780 is something of concern for gold longs… dollar strength coupled with Obama’s jobs plan has profiting taking front and center… a break of 1780 could send gold into a sell stop cascade.
|1 min GC|
Dollar strength to much for Gold or just more bullshit trading shenanigans? once 1810 broke it was straight down to 1777 on considerable volume in each 5 min candle.
|5 min GC|