WEEKLY MARKET DIGEST: GOLD FAILS TO HOLD $1300 AHEAD OF WEEKEND UKRAINE ELECTIONS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOLD FAILS TO HOLD $1300 AHEAD OF WEEKEND UKRAINE ELECTIONS May 23, 2014 Ahead of weekend Ukraine election and rising violence, gold fails to hold $1300 key level. If gold does not close above $1300 before the long weekend, it will be a negative sign for gold. The bizarre interest rate behavior continues; interest rates are falling again this morning while stocks are levitating. There is a potential for short covering ahead of the long