I have been watching Gold closely since the initial upmove and as explained earlier in my post, i was bullish on Gold. https://steemit.com/gold/@vandal/gold-technical-analysis
Gold has been consolidating for the last 1 week and could not close above 1270. However, it was supported at 1260 and there was several attempts to sell it down. The price held well, indicating strength. The non-farm pay rolls, however. was still a wild card as price can swing in large ranges before moving in the intended direction. Today was a pleasant surprise, with a straight up green bar. No clearer signal than this. See you guys at 1290.
Gold is moving also because Deutsche Bank has been caught rigging precious metal markets.
http://www.zerohedge.com/news/2017-06-02/deutsche-bank-admits-guilt-fraud-conspiracy-rig-precious-metals-markets
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