Quote:
Originally Posted by Goethe
Nikkei had fallen from 17,900 to 15,100 from 1st February to last Friday. From memory, it fell 5-6% last Thursday or Friday alone. Today's rise was understandable given that Europe and US had strong gains on Friday and China was back on board today too with a +3% day. Europe up again quite healthily today and US futures printing good numbers. May be a bit more pain for gold over the next few days.
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Well, it needed to take a breather. Hopefully we'll get some consolidation here and see more price acceptance at these levels. It was getting a bit thin.