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.
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.
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.
GDX below indicating the highest daily close since late November.
Broader markets full of Xmas cheer as the liquidity spigots are pumped wide open.
- Forums
- Commodities
- gold
A 2 minute below paints the picture of the action as the rally...
-
- There are more pages in this discussion • 24,593 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online