FED, Yellen, economic data are all tools and excuses for suppressing the price of gold(and silver). As long as they are lousy on the press, you gotta play the market just as if you were the manipulator and how you can take the price down (to aid the PM future price suppression scheme.)
In my opinion, Yellen will hint a rate hike for September but the PM price is already pulled back to this expectation (Well, it's obviously manipulated by the criminals) so I bet we will climb back up after Friday. (Note, Friday is the COMEX option expiry date and obviously this is another reason we can expect the take down as they need to defend their ponzi scheme.)
IMO Yellen will come up with funny excuses (fake poor economic data, etc.) come in September and the rate hike will not happen!
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