It was a long day and a long week but, given all of the "bad news" that was thrown at gold this week, it actually held in there quite well.
Now, next week will bring all sorts of challenges, too, so be ready for more volatility. However, when you consider...
- The G-20 trade war news last weekend
- The BLSBS
- The more than one point rally in the POSX
- CDG had just rallied $170 in five weeks
- Total Comex gold OI had risen by 33% over that same time period
...seeing CDG down just $10 on the week is almost sort of...