It wouldn't be a non-farm-payrolls (or for that matter any government report) without the ubiquitous "early" move in precious metals before the report is given to the general public. As Nanex shows, Gold's price moved in a 'correct' downward (taper-on) way on the "good" news that jobs are 'improving' 7 seconds before the report hit…
1. Trades in All Futures.
Lots of movement seconds before 8:30 Jobs news.
2. Quotes in All Futures.
3. February 2014 Gold (GC) Futures.
4. February 2014 Gold (GC) Futures – Zooming in to 8:29:47 to 8:30:14
Gold moved sharply a full 7 seconds before the official Employment news release.
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/itSzjUE2VZg/story01.htm Tyler Durden