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simonsays452

Unusual for new $GC_F LODs to form post Euro Close

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
simonsays452  
FX:XAUUSD   Gold Spot / U.S. Dollar
2
0
Fed Funds futures are predicting a 22.5% probability of a June rate hike. That's 4 points higher than pre ISM data. Dollar continues to strengthen. Unusual for Gold to set new LODs after European close. Speaks to degree and breadth of selling. Futures are beginning for a re-test of 1200.
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