RE:RE:Seems to me ...
Tend to agree that price will recover and recover nicely. But there is too much press optimism in trade talks with China (in the immediate term) and then end of month will be option expiry beat down of gold price.
having said all that i do agree it will move back up. i believe yesterday was a manufactured decline. most of the heavy buying came in after 1130. these boys on the trading desk arent angels. that's my cynical side.