RE: Its not over Gold price instability before the non farm payrolls, and you think that's a new thing? Last month, analysts for most of the big houses predicted better than expected numbers and many raised their forecasts the day before.
Not only did it not meet expectations it was only about 60% of expectations. Did last month's $60 per oz price decline prior to the NFP hint at an upside surprise or a 40% miss? A lot of embarrassingly inaccurate forecasts by many experts. You will notice this month's prediction is quite conservative. ADP numbers were a big miss so would expect tomorrows NFP to be weak as well.
Gold sells off because it's easier to buy on the way up than sell on the way down.
Wes