Gold corrected, somewhat predictably today, after a significant run higher and having left a 'gravestone doji' candle in yesterday's action.
There is decent support at the 1240 level. Let's see if the yellow dog can find its footing there.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel
Gold corrected, somewhat predictably today, after a significant run higher and having left a 'gravestone doji' candle in yesterday's action.
There is decent support at the 1240 level. Let's see if the yellow dog can find its footing there.