A 2 minute from the NFP announcement with the attempted smackdown failing with the dollar dropping. This could easily have been an attempt to lure in any unsuspecting lingering longs before the dollar was reversed higher with gold being smashed. Standard Bankster fare.
An hourly (ignore the angled trend lines) from the record high as the correction unfolds with the Banksters clearly capping at $3350 and then forcing gold below $3330 then below $3250 to the $3200 area.
Daily on the game with the ongoing correction. Long term techs remain overcooked with the daily reversing.
Mechanics of the game are indicating the middle of May to late May for the correction to run its course.
Any gibberish propaganda about Chinese selling is just that from what I can see which is no different from the previous Chinese selling gibberish that was promoted by the western lying media to create a previous correction. Just shows you that the Chinese are the main players in the gold game and the Yankee Banksters just don't cut the mustard no more man apart from freaking out western paper holders. Just another opportunity to load up.
Weekly on the game
Monthly on the game
2 minute on silver with the NFP Bankster smash down to $32 once again.
Daily on silver with continued corrective action being constrained.
The talk about silver being constantly attacked to contain the price because of the cost to the Military Industrial Complex is not the case as far as I am concerned. The Yanks don't give a rats ass about the money. They just print it. The problem is with their ability to supply the required goods because they ain't got the goods to supply meaning the Banksters are so short silver as to be unable to supply whats required to "balance the books". So their only alternative to to control the price to prevent a break higher because that will entice more buyers and put the Banksters under more pressure. They are living on hopium. Great strategy man.
GDX with an outside downside day closing the days before gap with a slightly lower close.
MACD downside spread is beginning to get a bit ahead of itself.
The aussie as it comes up to test its 200 day with its highest daily close since early December.
US Dollar attempting to break above its October lows with its averages negatively aligned.
Weekly on the dollar for reference. A bottoming process appears to be in the making.
Aussie gold down to $5 grand and into support. Still a long way above trendline support.
