Further to my previous post talking about the reduced safe haven demand we’re naturally seeing a fall in the shiny stuff this morning after its recent surge higher
With US and UK lawmakers now unlikely to approve any immediate strikes on Syria despite govt wishes gold has fallen to USD1405 before finding a few bids to rally to 1409
On Wednesday gold posted 3 1/2 month highs of 1433.31, 21% higher than the 3 year lows of 1180.71 posted in June.
XAUUSD H1 29 August
