Someone get these guys a printing press.
The market has done a turnaround on central bank devaluation and gold is losing its lustre, down $16 on the day to $1585. Broad USD strength is also biting.
It looked as though the wedge formed since June had broken to the upside but the follow through never materialized.
That puts the market firmly back into the $1525-1640 where we have been since May.
