Gold climbs $10 from the lows
Gold hit a speadbump when the Fed dropped its hawkish bias. Then it bounced back.
Gold was beaten up late last week as Brexit fears dissipated. Then it bounced back.
Gold slumped at the open today and into the start of US trading. Then it bounced back.
We're getting to the point where no matter what news hits, gold can't seem to go down. A 'remain' vote is being priced and when it happens there may be some minor selling pressure on gold but given the price action over the past week, the buyers will be lined up once again at $1280.
When something can't fall on bad news, it probably won't fall at all.
