I don't Know if Golds still headed down with bad Economic News of the Economy if it was baked in or what?
One thing i do know For Sure is I'LL BE WATCHING !!!
One thing i do know For Sure is I'LL BE WATCHING !!!
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The dollar index reversed earlier gains to trade near 0.2% lower and below 93.3 on Thursday after President Trump suggested delaying November presidential election scheduled, claiming fraud in mail-in voting and as data showed the US economy contracted more than expected and jobless claims rose for a second week. Earlier in the session, the dollar traded slightly higher but close to levels not seen since mid-2018 as investors' risk appetite dampened amid a worldwide spike in coronavirus cases. For the month, the dollar will probably suffer its worst decline in a decade with a 4.2% dive.
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Dxy low was $93.03 now the DXY is $93.065
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DXY fell post market $92.92 to fresh two yesr lows ! 4:55 pm . :-)
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Gold rose to high of $1958 post market give a penny or so ?