2) Empire manufacturing: which was the most significant data, and the worst
The way that spot gold seemed to be bottoming only to be flooded with massive sell orders was questionable. My favorite part was when, 2 seconds before the 5-min candle was going to finish, before the next candle could begin, the price teleported down by $2 (to finish at $1174.7 - exactly $2 below the PoC line[yellow]) I've seen impressive levels of support for gold ever since we broke-out and held above ~$1144 -- I expect it to rise by 11:00 as we have two Fed-heads speaking at 10:30 and, more than likely, they will put a fork in the rate-hike narrative.
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