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Re: crutch79 post# 10325

Friday, 05/02/2014 10:57:33 AM

Friday, May 02, 2014 10:57:33 AM

Post# of 46663
US factory orders rise less than expected, we'll see if gold can break 1297 high. Seems like an overreaction to me. The floor traders probably had a hand in this, if so the pop will be unsustainable. Wait to it plays out before shorting, IMO. Looks like a case of group think going on, everyone shorting and covering, driving gold up.