The gold market simply remains fundamentally out of favor and has bearish charts again this morning.

While the selling yesterday was reportedly from the hawkish Fed chairman dialogue, that is unlikely the source of today's noted weakness as the gold market recovered and closed in positive territory yesterday after the Fed news yesterday.

Even though the gold market has not shown consistent interest in flight to quality issues, we see a major financial and economic market decision in the coming seven days...[MORE]

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