The Gold market has to decide what it wants to do over the longer term, and Friday might be the day that we figure it out.
- Gold markets have rallied rather significantly during the day, as we have gone back and forth during the trading session before shooting straight up in the air.
- That the market is likely to continue being driven by the bond markets, and whatever is happening with the yield in the United States.
- As yields fall, it makes gold much more attractive.