Chart - TA, page-2318

Well, manipulation in the gold price is now interesting. Now the Ukraine-Russia crisis is unfolding.

Now the world is isolating Russia from SWIFT and international banking, leaves Russia with 2 possibilities to trade;
- Oil & Gas (it has enough) will be interesting who will buy Fossils
- Gold, Russia's central bank is quite full with bullion, and has a production of 350 metric tons of gold

Bilaterial trade; Medicine to technical parts for the conflict. This bilaterial trade is how USA got it's gold bullion reserves, after WO1 and WO2 the allies paid USA in gold for guns.

will be a interesting play, to keep the gold price through paper trading down, it has a high potential upside (armed conflict, uncertainty, inflation and ridiculous printing of currency). What if Putin just dumps and flood it's gold on the market? the "west" besides the petrodollar wants to keep de Gold price down, otherwise Russia has more buying / trading power.

here in the Netherlands, physicial gold is now 2-4 weeks delivery. Physical squeeze is coming.

short term i won't expect big breakout towards 2300, but all the signs and circumstances are there