GOLD 0.51% $1,391.7 gold futures

A 2 minute on the game with nonsensical algo activity on the...

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    A 2 minute on the game with nonsensical algo activity on the open and close and the usual contrived price action as gold remains capped around $1850.

    https://hotcopper.com.au/data/attachments/4381/4381927-39683f73d68d696bfcc6607c04d8974f.jpg


    Below is a daily on recent US dollar price action with the peak on the 13th of this month and then the continuous sell down

    https://hotcopper.com.au/data/attachments/4381/4381940-27e0f0c888583c15d9c77a788f867582.jpg

    A daily on gold with the sell down continuing into the 16th where it was heavily bombarded before reversing higher with gold hitting its highest point on the 24th with the Dollar hitting its lowest point overnight.
    All this means is that at times there is a tight dollar-gold algo operation on going but also within that operation there is also extra plain vanilla interference to keep gold subdued.

    https://hotcopper.com.au/data/attachments/4381/4381949-54b2cdfc56d055bc73ce18640ce13ce8.jpg

    GDX indicating it continuing to hover below its 200 day

    https://hotcopper.com.au/data/attachments/4381/4381962-e74ddc9bd3bf18bf85ac251502c472b7.jpg

    The aussie continuing to rise on the risk on game

    https://hotcopper.com.au/data/attachments/4381/4381971-cd8e561ccf59a544506f9c1f37a654a9.jpg

 
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