Zero Hedge
December 5, 2017
At 0907ET, someone decided it was the perfect time to dump $1.5 billion notional worth of gold, smashing the precious metal below its 200-day moving-average and back down to 4-month lows…
And so, once again, gold futures are tumbling…
To 4-month lows…but still up around 10% year-to-date…
What’s driving the gold weakness? Who knows… because it’s not the dollar…
- A d v e r t i s e m e n t
Though Gold’s sensitivity to USDJPY has picked up notably…
This article was posted: Tuesday, December 5, 2017 at 12:27 pm
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