GOLD 0.51% $1,391.7 gold futures

gold, page-103868

  1. 10,492 Posts.
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    A 2 minute below paints the picture of the action as the rally remains in place.
    This price action is essentially a dollar/gold algo coordinated operation.

    https://hotcopper.com.au/data/attachments/3919/3919114-dc3e18b0e6cf34ba6d061e139f2da42d.jpg

    https://hotcopper.com.au/data/attachments/3919/3919123-affe58ffcac385cef3d93da44af0d665.jpg

    A daily on gold below has it back up through the 200 day and retesting the 50 day
    The mechanics project further upside action so we shall see.

    https://hotcopper.com.au/data/attachments/3919/3919224-736de3d4f3168aa5c8eda24a9f99faa5.jpg

    A weekly on gold below sees the range tightening and volume dropping off so by the look of it a move of significance appears to be on its way in the near future.

    https://hotcopper.com.au/data/attachments/3919/3919262-886b2282f2fe0b7e9b1f8d35a4fecdbd.jpg


    GDX below indicating the highest daily close since late November.

    https://hotcopper.com.au/data/attachments/3919/3919141-e1648bfa8a7896b0259def556baaee6f.jpg

    Broader markets full of Xmas cheer as the liquidity spigots are pumped wide open.



 
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