Gold has always been a safe haven, and the top hedge toward greenback and US fundamental, recently, the gold has been rising for $150 from its September low as the worsening US fundamental situation outweight the strong dollar rally (BTW, dollar is also the haven when things got terribly wrong, like right now)
All eyes are on US equity market now, the direction of S&P will lead to significant reponse from other commodities, our view on gold? toward the down side with tight stop.
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