Gold remains near the highs of the day
The S&P 500 loss has been trimmed to six points but the bids in the yen, bonds and gold remain, suggesting that most of the market is still playing it safe.
In the bigger picture, the rally in gold brings it to the best levels since the election and likely means the first close above the 200-day moving average since November 7.
![](http://az705044.vo.msecnd.net/20170411/2017-04-11_14-52-23.png)