“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
09 September 2010
Gold Daily Chart
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.