Gold pattern pointing up, page-738

  1. 2,731 Posts.
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    "Gold seems like a complex multi personality reaction to political and economic events unfolding. "
    AJ, what about the KISS principle?
    The GP protracted sideways movement, notwithstanding the odd thump down by the banksters, at or around US1200 is exceptional and demands an exceptional explanation. . In the current gold market the GP can be controlled by one massive buyer standing in the market in a tight buying price range, if they are big enough. Not so surprising considering China's plans for the Renminbi. Consider also that India and/or Russia could be working in concert, they are the senior troika of the BRICS alliance.

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