While December gold has avoided a fresh lower low in the early Thursday trade the path of least resistance remains down with outside market forces firmly anchored in the bear camp.

Unfortunately for the bull camp, the markets will face another critical US initial claims reading, with last week's reading posting the lowest weekly claims since early February!

At present, analyzing the gold market has become simplistic with unending strength in the dollar dominating the gold market...[MORE]

Please subscribe to receive the full report via email by clicking here.