Gold Market Commentary

As yesterday low failed to hold a selling spree begun. Buyers quickly lowered their bids and the price of gold tumbled. Personally, I had a small short term speculative position which was immediately stopped out for a minor loss. When a FOMC is scheduled I never hold a large position. So it goes...Technically the daily uptrend is still intact. HUI, XAU, and GOX actually finished the day higher

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