Daily Trade Pretty nice day today, considering Fridays big move and the Canadian markets closed. Over a million shares traded. It seems there are not too many willing to part with their shares.
The US$ rallied off of 92.60 and hit a high of 93.90 this morning. Created a little downside in gold overnight but recovered during the day trade. There is good intraday support at $1960-$1950. I dont expect that support level to be broken. I believe the trend will continue sideways with an upward bias.