Morning Outlook from the Trade Desk 02/27/12

Discussion in 'Gold' started by metalsmtl, Feb 27, 2012.

  1. metalsmtl

    metalsmtl New Member

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    Markets still sensitive to equity moves. gold closing under $1,775 Friday was a weak sign and equities are again weaker this morning. Fed speaks twice this week and the focus will be on deflation vs inflation. Still believe the central bankers will continue to print which is the underlying fuel for the markets. If we lose $1,755 I may re-consider short term, but weakness would be considered entry points.
     

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