GLD / Gold was hammered at the open on the weaker dollar, but has since re-gained all of the losses and gone green, this may actually be good news for the position, when Wall Street invests money in to something like accumulating a position, say GLD for instance, they defend it, of course taking out stops is all part of the game for them. We'll see how GLD looks in a bit, for now though, an impressive comeback,
GLD intraday
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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