Looks like gold is trying to send us a signal after all. Prices have fallen to a fresh low for the week at $1327.25. A sustained break below $1330 could help give the dollar a boost across the board.
UPDATE at 16:01 GMT: I’m just hearing there was a stop-loss sell order for 800,000 ounces of gold below $1330. The snipers hit their target and now gold is rebounding modestly, at $1331.75.
