Re: John1305 charts on gold price trends. When I look at the...

Re: John1305 charts on gold price trends.

When I look at the last 30 days' USD pog trend on wsj or gold price.org, I see 7 distinct and regularly spaced attacks made on the pog at its peak at those points in time within the 30-day period. The exception was the pog on 14 Nov which was approx. USD4 lower than that of the last peak. But each time the suppressed price recovered within 3-5 trading days.

At time of typing this post, pog is USD1,288.40/oz, up from USD1,279.90 two days ago, which in turn was suppressed from a peak of USD1,297.20 on 20 Nov.

As I have no TA skills, don't know what to make of all of these, so keeping an open mind. "V" might have his insights on these events. Cheers. R.