[1]9 minutes before CPI data hit, gold futures were slammed lower on notable volume ($390 million). Then as CPI hit and "noise" was evidently not going away, gold prices surged over $12 to $1316 obn very heavy volume... Gold is moving inversely with the USD (which is flying around) as stock rally (?) and longer-term bonds rally/flatten.
[3]
and in detail...
[4]
The USD Index is all over the place...
[5]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10831
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/07/20140722_gold.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/07/20140722_gold1.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/07/20140722_gold2.jpg
