RANsquawk US Afternoon Briefing - Stocks, Bonds, FX etc. – 08/11/11

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rubearish10's picture

You know, this babe, if she let her hair down a bit and along with a cocktail, she might be pretty nice!

EL INDIO's picture

Gold has been very flat today. It looks like a set up for a good move up or down.

I think it is more likely for it to move down because it is above most/all the moving averages and by a good percentage (you can check the MAs here: http://www.kitco.com/charts/techcharts_gold.html) .

The Euro has also been flat, in fact lots of things have been flat.

Is it the calm before the storm ?