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Non-Tech : The Woodshed
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dara
To: SwampDogg who wrote (54610)10/4/2016 12:16:11 PM
From: stuffbug1 Recommendation  Read Replies (2) of 60900
 
So, gold is hammered ahead of the jobs report and during a week when the Chinese markets are shut down.
Qu'elle surprise !!!
200 week MA is around 1280 - maybe we get a bounce from current levels.

On the weekly chart, my lower volatility band is at 1220.

The Japanese Yen is trading above the early September low but the price of gold blew out their lows like a blow torch hitting rice paper.
Looks like the banksters found where the momo funds were hiding all their sell stops.
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