Ok, cheesy header but give me a break!
Gold has continued to edge lower as we’ve highlighted on recent occasions including here and here
Now its posted 16-week lows of $1251.50, down nearly 3% in recent sesssions. Bouyant equity markets and weak physical demand out of China being cited
Bids expected around 1238-40 with offers lining up at the now-pivotal 1275-80 area
