Didn't expect golds drop today but isn't it interesting that it happened today ahead of the COT. Perhaps the spec longs paniced =============================================================== Hi ld, I don't think today's COT report has diddley squat to do with this break as today's COT #'s reflect last Tuesday's closes and the OI was already down to 277K as of Thursday.
As I stated earlier, I hedged most of my longs with some shorts of GFI and I'm happy with how that has worked out for me.
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