GOLD 0.51% $1,391.7 gold futures

So looking at the 1 minute on this ongoing Farce and with no...

  1. 10,601 Posts.
    lightbulb Created with Sketch. 4186




    So looking at the 1 minute on this ongoing Farce and with no real Israeli response to what appears to be a false flag by the Israelis as they are the only entity seeking escalation while Hezbollah has denied they had anything to do with this latest atrocity ( and there is no reason to disbelieve them as they don't seek escalation) then the gold price rise is a bit suspect and appears to be at this point a Bankster mini operation to push gold back up because they pushed it too low in the first place. This is not that unusual as they periodically get the proverbial rush of blood to the head (plenty of space in there) then have to reverse as reality sinks in. If gold does not reverse lower then this is no doubt the case. Depending of course as to whether we do have a genuine gold rising "incident" occur.


    https://hotcopper.com.au/data/attachments/6343/6343221-e55f6cc34753e17511f40fb2b993edd5.jpg


    Here's a 1 hourly with the smash from the record high then the smash down towards option expiry with an orchestrated bounce early last week before the smash an hour after the US broader Ponzi scheme opened up on Wednesday. Then we have an orchestrated rally on Friday continuing for the moment.
    So if gold continues to rally here then the likelihood of another hit into the rate cut is likely and the size of the hit will depend on the size of the current bounce by the look of it. I can't see the gold or silver low being taken out.
    The Banksters are becoming more and more trapped.

    ]https://hotcopper.com.au/data/attachments/6343/6343353-0cf8a76d41a6726334169a8cffe7a197.jpg




 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.