I have chosen to be a bear on gold
Gold prices moved lower on Tuesday as the U.S. 10-year yield recaptured the 2.51% level, and is poised to move higher ahead of Friday’s payroll report. What appears to be priced into the interest rate market is a hike, unless there is a disaster. What is not priced in is a number that is much larger than expected. Expectations are for a 210K payroll and a 300k+ would see gold prices break through support.LINK