By FXEmpire.com

The gold markets fell on Wednesday to bring the commodity back into the massive consolidation that we have seen over the last couple of sessions. The Non-Farm Payroll numbers and European elections over the next couple of days could keep this market in a very tight range. The gold markets will often react to the Dollar, and as long as the Fed is looking to ease or at least threatening to, this market will have a bit of a bid under it. The market will more than likely to do very little until the above mentioned economic announcement, so we are sitting tight until after that time.

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Originally posted here