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Yesterday Gold reached a high at $2,669.98 just after the 4pm London FX fix. However, the slide that followed was steep and it saw the metal drop back to a low at $2,649.50, before later recovering into the US close, where it ended the session at $2,661.94. The price action so far today has seen it just now push higher again, from an earlier session low at $2,655.63. The thing about that low; is it is above the well noted 50 day moving average (now at exactly $2,650) and that remains an immediate support level of note this morning. The high seen so far this morning has been set at $2,665.73 and it is not much below that high right now. There will be more to add on its progress later this morning
The US stock markets have been open now for around 40 minutes and in that time we have seen all three indexes push higher. The Dow Jones is pushing...
Earlier this morning an update here noted how the USD/JPY had rejected a sustained move above 156, after falling back from a session high, at 156.11...
There has been little slowdown in the progress for the DAX today. The index has now set further records above 21,300, lifting above 21,325 not too...
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