So gold meandered into the CPI announcement then went berserk as shorters were forced to cover. The big green candle on the announcement is $20 and lasted less than a minute and maybe much less as the dollar dropped sharply. You can see the high on the gold chart which was 10 minutes after the broader game opened and the dollar has continued to hit constant lows. Just more confirmation of Bankster interference.
Now the only conclusion I can arrive at here in regards to this particular Bankster orchestrated operation is that they are seriously panicking and have to pump another massive amount of liquidity into the broader game to keep the ship afloat.
US Dollar plunging on the CPI announcement
US ten year Bond yield smacked back down below its 50 day and 4.5% The short end is also coming down indicating rate cuts are getting closer as their theatrical gibberish about economic strength is exposed for the junk that it is.
GDX an hour before the close as the waiting game concludes
So gold meandered into the CPI announcement then went berserk...
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