Quick move lower in gold
Gold is quickly down $5 and testing today's lows. The move came after several tests of $1264 were halted, and ultimately failed. The high last week was $1265.
Gold has been on a two-week run higher from $1220 to $1265 as the US dollar sags and political uncertainty rises.
Watch for another round of stops if the earlier low of $$1258.17 breaks. It would target a drift down to yesterday's low of $1251.