Quickly: Silver Leading, Algo Buying
That should be it for the moment
Stops went off in silver, triggered some gold buying. Longs took profits into algo driven CTA buying.
Momentum *should* reignite above around 2672
Gold Trades Back Above 2660, Looks Algo Driven (UBS desk)
Intraday update
Gold is trading back above 2660 on what looks to be a bit of a short term stop run above 2655. The move seems to have originated in X…