Gold and especially silver were capped, attacked and periodically smashed from early yesterday afternoon, through the night and into the broader market close. The more pressure that arrives on the broader markets the more pressure the fraudsters will put on gold until they blow themselves up. Desperation to keep up appearances is there for all to see as this system continues to grind towards disintegration. it is already broken. The $usd managed to hold onto its gains and the first port of call to the upside is the 92 area which was previous support. Looking at the US gold indices and the daily charts continue to struggle as the 50 day ma's are trending lower towards the up sloping 200, pointing to a daily death cross in the making while they remain within their respective consolidation patterns. The weekly charts paint a different picture as the indices sit above their respective 50 week ma's and the 50 week is rising against the 200 week ma which is also rising. The weekly charts are more important as they are more of a pointer to the main trend and the longer the chart the less ability the fraudsters have to interfere and manipulate it. The daily is mostly noise. Time to dig deep. We are in the end game.
