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$1,391.7 gold futures

Looks like a 60% chance of a rate cut in the US on June 12.Up...

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Rleonars

3,105 Posts.

596

06/03/24

12:13

Post #: 72770238
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Originally posted by slange: ↑

Big Bankster effort to prevent the record high being taken out.

Lots of talk about the spot record high being taken out but the chart indicates Spot gold will close at a daily record. it has yet to exceed the previous record.
Gold is extremely overbought but still with room to take out the record high by the look of it.

GDX with a spike high and a pullback indicating some tiredness.

A 5 minute on silver with the Banksters keeping it Demonized as it remains well above $23

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Looks like a 60% chance of a rate cut in the US on June 12.
Up from 40% chance a month ago.
Big move in just a month. Must be that strong US economy…
No wander gold is moving…
8 Upvote

0 Great analysis

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