how did you draw this zone? is it something that one needs to downlaod?

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I think Mr G is right, NY pays attention to job reports whether US or European by the looks of it... plus as I said earlier lower unemployment GDP , fall in manufacturing and so forth together with lower inflation is likely to result in ECB rate cut ...

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ooops EU unemployment up.... now its NFPs turn Unemployment up while CPI down, could spell ECB lowering rates... should be supportive for gold but who knows..

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wow gold has no bids again

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guess lunch time is over , time to sell ))

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probably will see some bounce now from 1776.. lunch time in NY

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stopped out ( -6.5... is sequestration driving the price again?

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yeah, but GDP revision was less than expected (US is not in recession...pheww ) and Prelim GDP Price Index q/q was higher, inflationary pressures ?

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come on now, nobody wants that )) except Goldman perhaps.

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If it continues to slide we may see 1570 today.

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Looking to long at 88 with 6 points stop.r EDITulled a trigger at 1588.5 stop at 82

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Looks like there is a seller in gold now but it also looks that buyers are absorbing it. Might see turning points low 90s high 80s.

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yaaay a rally of 3.5 points from the bottom ))

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hmmm why is gold not rallying yet....DRAGHI SAYS ECB IS `FAR' FROM EXITING STIMULUS MEASURES.

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if the LTRO repayment news not positive for gold I dont know what will )) First LTRO-2 Repayment Less Than Half of what was Expected

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What signs of accumulation are you seeing?? I mean from paper gold point of view , ive seen the reports about record physical deliveries..

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I'm completely confused with what has been is happening in the markets for the last few weeks. ONly sensible instrument is USDJPY, i just observe it but its ascend makes sense, everything else from equities to gold I don't get right ow. EDIT :JPY ...

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not following but its like 6th time it comes to this area on the weekly , first five times it saw rebound.

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To add to that, this is from Zerohedge : This day one month ago, our chart of the day was the spread between adjusted and unadjusted Housing Starts number, which as we showed back then, had a very curious surge in starts on a seasonally adjusted ...

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are you still holding your longs from 1690 area?

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