What a crazy world we live in. In the old days good news usually saw stocks rise. Not now though. Mind you, you also got change from a fiver when buying a pint. Good is the new bad in the f**ked up world of finance.
Gold has taken a trip down to the 100 dma at $1324, posting a low of $1321.55 while the S&P is down just over 4 points to 1759.
Look to the 22 October low at 1304 for the first line of possible support but I can’t see the dollar rallying enough on this to pressure gold too much more. It’s early days though.
