Gold, Silver Tumble On Heavy Volume As Dollar Explodes Higher

Gold, Silver Tumble On Heavy Volume As Dollar Explodes Higher — Gold futures suddenly took a turn for the worse this morning as ‘someone’ once again decided that 0830ET was the perfect time to puke over $1.5 billion notional of the precious metal into the market.

Gold Forecast

Gold Intraday Trading Zone 31950—32333

Gold prices traded in range as the dollar eased on weak U.S. economic data. The US dollar declined as recent strong economic data eased concerns about the global economy, prompting investors to reduce safe-haven positions in the greenback.

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