gold, page-105256

This is an update of the 1 second chart and even in after hours the intensity remains with just the odd spare bar.
I haven't seen this intensity in after hours before.
Its just an indication of their intent.



A1 minute chart below indicates the main grind down beginning after midnight AEST then the cap game into the announcement with the obligatory hit on the announcement. Then the major operation got underway as Powel began to speak.
This was a major operation for the Fed to regain "some" lost credibility (good luck with that) and to show that they are relevant. (good luck with that)
The intensity of the overnight action in the gold game is the most I've seen it since May 2019. This is indicative of just how much effort has to be put in to keep their game going.
When you interfere in the game then it takes more and more interference to give the impression of external stability as internally the foundation of the game turns to dust.
In the meantime under priced physical is sought, bought and stored, never to see the light of day in this current garbage "system".



Looking at this on the daily and one would think that this is just the usual smash.
Thats why the 1 second and 1 minute charts tell the real story.



Anew low for the GDX in this phase.