A 10 minute on the game indicating the massive reversal overnight. This week was target week for a peak and it appears that it is the case for corrective, consolidated action in the short run. it ain't over, just having a well earned rest.
A 10 minute on silver unsurprisingly gives us the same picture.
Big downside reversal for the GDX on massive volume indicating buyers jumping ship to take profits. Who can blame them after such a move.
The aussie continuing to drop as liquidity tightens.
The Banksters will be keen to press home their momentary advantage of Dollar pumping to control commodities while supporting the broader game through liquidity injections. We'll see how they do. They have no interest in changing the Fed Funds Rate and will do what they can to hold it where it is.
Time is a big thing and once time is up that is it. A reversal will take place so we just have to wait and see what we've got.
Aussie gold with a big correction from its high, taking a well earned rest.
