A 30 minute from the low late last week from which gold blasted...

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    A 30 minute from the low late last week from which gold blasted higher into the Fed meeting. I previously said this was unprecedented gold price action into a Fed meeting. The price action was at least in part deliberate by the look of it to suck in buyers and then rinse them out creating volatility and fear mongering smashes. There is no doubt about the fear mongering smashes with the dollar being used as camouflage.

    https://hotcopper.com.au/data/attachments/6989/6989408-9b32cf129225b2d932cec27fda51e205.jpg


    You can see the price action of the dollar as it is pulled lower into the meet

    https://hotcopper.com.au/data/attachments/6989/6989429-3daae607a371602e94783d47db5da778.jpg





    Daily on the game with the mechanics of the game remaining in place. We'll see if the lows hold.

    https://hotcopper.com.au/data/attachments/6989/6989417-c7d2a1598a109b04ebdf37187015b399.jpg


    5 minute on silver with it being smacked back down from the $33 area.

    https://hotcopper.com.au/data/attachments/6989/6989421-4d1412dd80855dd604c96fa9395faade.jpg


    GDX with a somewhat surprisingly benign performance considering the gold price action as the gap gets filled.

    https://hotcopper.com.au/data/attachments/6989/6989427-469f941296380687e3323cbdeb5bc89c.jpg


    Aussie gold remaining comfortably above $5,000
    https://hotcopper.com.au/data/attachments/6989/6989441-d2a96846cc8859283daa088bc14ccb48.jpg




 
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