A 5 minute on yesterdays game as the Banksters get back to business with the main attack being launched just after the aussie game shut up shop and then the little bounce into the usual hand bag smash right on the US open for the best bang for their bucks. then the usual little bounce before the grind down into the close.
The daily with 2 Bankster numbers at $2,300 and $2,330. The risk of a spike low remains but we are moving into NFP on Friday so the chances of the bag handlers pushing gold lower into the announcement are high as a weak number can be expected with gold bouncing. Then we will be into next week and the bag handling brigades FOMC charade so if Friday sees a bounce then Monday will see selling pressure. Unless the bag handling Banksters decide to mix it up a bit. Either way they remain hard on it with their chokehold.
As an aside anybody who thinks that the US Treasury and the US Fed are not essentially the same department should probably think again.
The GDX as it gets smacked lower on heavy volume. The signs of weakness were certainly there yesterday. Looks like there is more to come.
5 minute on silver with the same game as gold but more intense
Daily on silver with the previous low being whacked.
A weekly on silver with a better level of support.
The aussie with an inside day and lower close.
Aussie gold, hanging in there man.
