European stocks saw their biggest fall in three weeks on Thursday and currency markets were noticeably subdued as investors took to sidelines ahead of one of the big global central banker gatherings of the year.
Gold Aug Contract (GC, ETF: (GLD))
Gapping down Wednesday to 1348.00 rejected Tuesday 's close above the 1352.50 bounce limit. Little follow-through preceded the FOMC Minutes. A blip-down to 1340.50 reacted sharply to fill the gap back up to Tuesday's 1355.00 close. The 1332.00 objective remains outstanding, and would be put back in play under 1348.00.
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