GOLD 0.51% $1,391.7 gold futures

gold, page-128759

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    Here's a weekly on the US Dollar as it tests its previous major low back in Dec23 with the low before that in July.
    The dollar remains the world reserve currency even though the reasons for that privilege are long gone. The Free Market hissy fit was just a precursor to the main event which appears to be on the near horizon. Probably just after US Labour day so if the broader Ponzi moves to record highs into Labour day then we might be getting serious ructions in the game. A rise in the dollar is likely and to be expected if such an event happens.
    Overheated Daily techs on gold are retracing. Longer dated techs are overbought so if we get a blast higher into the timed area then the likelihood of a decent correction is there but it probably requires a big hit in the broader Ponzi for any gold correction to be sustained. If the Broader Ponzi gets clobbered then the Banksters will no doubt attack precious metals come what may.

    https://hotcopper.com.au/data/attachments/6403/6403470-204af5343638274c6d0c0519f7b74a62.jpg

    A daily on the game where the Banksters have been very busy keeping gold in check from back in April.


    https://hotcopper.com.au/data/attachments/6403/6403591-8dc9a325c1aadf9239cbd70a2854986c.jpg








 
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