3 news events couldn't move the marketLast night China boosted the stock markets with tariff news. That boost lasted a few hours but they started to head lower again. In comes the ECB with news of its own. Markets rallied and gold tanked for a few minutes . Then the S&P went negative and gold jumped. In comes Trump. He said there could be an interm trade deal with China. The market rallies and gold drops again. As the day went alone even this news wasn't enough to hold the rally.
Tomorrow is a new day. Maybe the US will do a surprise interest rate drop. Anything to keep this stock market running. Trump needs it to get reelected. It's his gauge for how well he's doing.
The Markets are seeing through the distractions. Gold will have its day(incase $1500 is good enough)