GOLD 0.51% $1,391.7 gold futures

gold, page-105394

  1. 10,232 Posts.
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    This gives a clearer picture of the $USD break higher.

    https://hotcopper.com.au/data/attachments/4030/4030901-6f4277059b4e4b2fcafe2445c642b046.jpg

    Gold worked back down below its 50 and 200 day ma's

    https://hotcopper.com.au/data/attachments/4030/4030908-5659073f0390702ff90ca8554ba46b94.jpg

    Looking at the junk bond game and it is looking junkier by the day as liquidity continues to tighten.

    https://hotcopper.com.au/data/attachments/4030/4030927-03f3c86efebc17d32cea4803a9b14ac7.jpg

    A look at the Dow below which is indicative of the rest of the majors and it closes at a new low of this range.
    All these majors are oversold but are showing no real signs of life.

    https://hotcopper.com.au/data/attachments/4030/4030938-838a6343238a006108564082d9184686.jpg

    A 1 minute on gold and at this stage the intenseness of the orchestration is gone, for the moment.
    Gold needs to work its way back above $1800 then on to $1830.
    https://hotcopper.com.au/data/attachments/4030/4030967-fe515654f231abb9e262e65eef4da8a0.jpg
 
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