Did Gold Just Top?
{ Posted on Dec 05 2009 by Jordan }
After November’s employment report, gold dove nearly 5% on better than expected employment numbers. With only 11,000 jobs lost and the unemployment rate dipping from 10.2% to 10%, investors figured that an improving economy would force the Federal Reserve to increase interest rates, fighting off inflation.
Trader Psychology
Gold’s dip of nearly 5% is [...]
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