I note that the last few trading sessions when gold has had its
biggest moves that the USD has been strong during the European
session and gold weak and as soon as the US session opens the USD
starts selling down and gold has spiked. Something not right here!
What is occurring is inverse to the norm where the US session
normally sees gold sold down. We also see gold spiking in US
session when Euro is weak. Any opinions out there about this?
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I note that the last
Fractal Gold
Posted by phillw on 8th of Apr 2010 at 08:56 am
I note that the last few trading sessions when gold has had its biggest moves that the USD has been strong during the European session and gold weak and as soon as the US session opens the USD starts selling down and gold has spiked. Something not right here! What is occurring is inverse to the norm where the US session normally sees gold sold down. We also see gold spiking in US session when Euro is weak. Any opinions out there about this?