As a result gold went violently lower to 1.130 from a high of 1.227. Although it seemed at times to be just as many traders ready to take profits as there was investors to buy the dips, the correction does not seem over.
The euro in the meantime was the biggest victim with the dollar benefiting from the situation. The dollar index was up for 3 days in a row and looking good.
Stock prices continued a long and narrowed consolidation pattern ready to get on a recovery rally. Although it seemed a lot nothing dramatic really happen on the rankings of the World Top Investor. Mariusz Ganczar continues to acumulate gains, now over 2000%
