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Gold: Continues to Stay in a Range
The gold market has been fairly quiet during the trading session on Friday, which is probably not a huge surprise considering that it’s the end of the week and it's also options expiration of monthly contracts on Wall Street. So, I think a lot of traders really don't know what to do at the moment. That makes a certain amount of sense because there are a lot of moving pieces at the moment. All things being equal, I think we are just simply in the middle of summer trading, and that's why we are behaving the way we are. The 50-day EMA is right in this neighborhood and offers support as well. So, I do think it's ... (full story)
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