GOLD 0.51% $1,391.7 gold futures

gold, page-120364

  1. 10,595 Posts.
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    It would appear that the Futures price being quoted is the December contract for some reason.
    The Futures game would appear to be predicting higher prices


    https://hotcopper.com.au/data/attachments/5471/5471733-d9abe7df1bb5911650292fd348677955.jpg

    A 5 minute on yesterdays game with heavy capping from the open and into early European trading.
    Gold is back above the mid term minor resistance at $1962.51
    We'll see as to whether they decide to play the same game today.

    https://hotcopper.com.au/data/attachments/5471/5471812-bb3c2bea537fb1c7a9c8fef4a501c27c.jpg

    Looking at the dollar and it looks like it may have been raised to assist with gold capping during US action..

    https://hotcopper.com.au/data/attachments/5471/5471824-b14367d426e202d6962dd582a4e7bccc.jpg

    Daily on the GDX with a big wick as many traders remain nervous and aren't interested in holding into the close.
    Volume is improving.


    https://hotcopper.com.au/data/attachments/5471/5471835-dfeb1fc73e342191efa736dd31490570.jpg

    Another day in the rigged casino awaits.

    A Gold Futures price chart below for reference.

    https://hotcopper.com.au/data/attachments/5471/5471845-8127c8b6a7155a38cfc0b00ac7a8f3d1.jpg


 
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