It's ALIVE!

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An afternoon close above $915 could alter the terrain of the playing field and bullion could once again try to retake aim at $935/$945 unless the hedgies pull the profit plug. The Dow's 277 point plunge and breach of the 11750 level and oil taking out the $140 level in aftermarket trade could provide just the right stimulus for such a track, but as we have seen over the past two weeks, volatility is more than alive and well - it is spreading like the Andromeda Strain. Sizeable moves in various markets are now in the picture. Tread extremely carefully.

Happy Trading.