Yesterday, ahead of the London Fix, Gold was monkey-hammered lower on yuuge volume, only to rip back higher. Today, having failed to keep the precious metal down, they went for it again with a $3 billion notional pummeling in futures.
Yesterday, ahead of the London Fix, Gold was monkey-hammered lower on yuuge volume, only to rip back higher.
Today, having failed to keep the precious metal down (25,000 contracts dumped in a minute), they went for it again with a $3 billion notional pummeling in futures...
OTHERS TO WATCH: Many others in the retail sector are lower this morning, including Macy's, Kohl's, American Eagle, Nordstrom (JWN), Abercrombie & Fitch (ANF) and Urban Outfitters (URBN).
Read more at:
http://thefly.com/landingPageNews.php?id=2485223
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