A 10 minute from last Fridays smash with gold continuing to be capped at $3,040 with no intention as yet to take it below $3,000 but they may well be gearing up for it. Over the last few sessions gold has been compressed into the Broader Ponzi close before bouncing into the gold close.
Daily on the game
10 minute on silver with the overnight rinse clearly evident.
GDX with a higher open then coming under pressure as the gold price drops along with the Broader game being pressured, bringing in the Ponzi pumpers to lift the game off its lows into the close. .
US Dollar continuing to creep up to its 200 day. The only way from what I can see that we could get a significantly sustained gold price correction is either with a surge in the US Dollar or and a big sharp correction in the US Broader Ponzi. Considering the Banksters will because they are doing everything to support the Ponzi at all costs and the Trump Gang are against a higher dollar along with the fact that the Banksters will have to work harder if the dollar rises then its probably unlikely unless gold gets massively overcooked all on its own.
Aussie gold remaining in wait mode.
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