A 10 minute over the last 2 trading sessions where not a great deal is visible apart from capping operations as the Banksters remain mostly sidelined. Considering the overbought technical structure one would expect more corrective action but if the "market makers" remain outside the game for the most part then the technical structure could revert with gold simply consolidating at these levels or even grinding higher.
The question remains, Why have the Banksters chosen to be sidelined??? The game is ultimately disciplined by physical availability so if these objects are running low to a point that they are unable to keep up the suppression game, particularly because demand for physical is exploding due to every man and his dogs reasons then if gold continues on its merry way with big spikes the overall broader shit show will more than likely be heading to the fan. We shall see.
A 5 minute on silver as it remains Demonized around the $24,50 area. A break above $25 will be interesting.
GDX with another higher high and a stronger close as volume remains strong.
NEM with a breakout from its consolidation on decent volume.
