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richpeople

501 Posts.

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17/03/19

19:35

Post #: 37790537
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Originally posted by slange: ↑

Is the gold market changing?
Are the Fed goons finally losing control of their game?
A couple of weeks ago we witnessed a shutdown of the CME in Asian trading as an attempt to bomb gold backfired and was then subsequently on its way to blowing through 1330 just before the shutdown occurred.
On Wednesday gold rose on massive action again in Asian trading as the sellers were swamped.
On Thursday the buyers were noticeably much less inclined as the sellers took control and smacked it back below 1300
Now this is where it gets more interesting as the normal procedure on Friday would have been a sustained bombing campaign continuing to new lows.This has quite obviously not occurred as gold has bounced back over and held 1300 overnight. So the question begs as to why, because this is the first time I've witnessed this.
Are the Fed goons now being played at their own game by greater powers?
Are we finally going to see a break higher in gold that should have happened so long ago?
Things are definitely changing.

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hey mate. excuse my lack of knowledge. still learning. but could you explain what you mean by "are the fed goons finally losing control of their game"? any help would be appreciated. i need to understand these concepts
1 Upvote

0 Great analysis

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