The bot is still hungry for more PIR and has been soaking up any available volume lately. Typical accumulation patterns. I don't think there's many real PIR sellers out there.
Looking to add more again today as I think theres's a good chance USjobs will disappoint tonight imo. Expectations are high and easy to fall short of the mark. Gold may resume recovery come monday with a test of 1350 coming
Markets are expecting to see ~185,000 U.S. jobs were created in July . The figure could be closer to 130,000 according to a few agencies.
Some are expecting a much lower figure....
http://www.cnbc.com/id/100928017
"Before anyone gets too excited about job prospects for July, a data firm is reporting that payroll growth was much slower than expected. TrimTabs estimated Wednesday that employment slowed to a trickle, with just 23,000 positions added for the month.
PIR Price at posting:
$1.08 Sentiment: Buy Disclosure: Held