GOLD SENTIMENT

“The perfect storm for gold continues to intensify with the metal price falling back under $1,100 on a combination of factors,” said Colin Cieszynski, chief market strategist at CMC Markets

http://www.marketwatch.com/story/gold-slides-for-10th-day-breaks-below-1100-2015-07-22


Those factors include: “capital flowing out of defensive havens, low inflation risk with commodity prices falling and speculation that the U.S. and U.K. could start raising interest rates in coming months — suggesting that outside of commodity countries, the pendulum may be starting to swing away from monetary stimulus,” he said in a note.