So, an interesting day yesterday as volume was light through the entire day up until 12.30am AEST which is an hour before the US Broader Ponzi opens although it was closed overnight. As one would say in football commentary, "it was a game of two halves" when one half is completely opposite to the other.
This is undoubtedly what we have here as volatility and volume ramped up as the US Dollar plunged with the Banksters entering the fray bigtime to launch another major gold capping operation. Two totally different sets of candles here are clearly visible from one half to the other.
Now a "strong dollar" does not necessarily mean a high Dollar. Trumps meaning of a strong dollar is that everybody uses it.
The dollar as it gets whacked beginning an hour before the Broader US Ponzi normally opens.
Daily on the game with the Banksters super keen to keep gold from taking out the previous two peaks from where they smashed gold lower. Taking and holding these peaks is the name of the game at the mo.
5 minute on silver with the same rubbish as the gold game with it being whacked back down to $30 once again.
The aussie as it charges higher on the back of the lower dollar. We'll see soon enough as to whether the lower US Dollar action continues and translates into a liquidity pumping event of its own where we see a higher aussie and lower aussie gold price but with higher aussie gold share prices. if this is the case then the small end of town should outperform to the upside.
Aussie gold correcting on the higher aussie and remains a thing of beauty.
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