You can see the charge higher in gold and the subsequent drop in the dollar on the CPI announcement then gold is blasted lower with a bounce back up on the dollar then any rally is capped as the dollar is worked lower before gold is allowed to move higher back up to the $3550 area.
Just another fine example of garbage Banksterism.
Daily on the game with the horizontal line being the ongoing $3350 Bankster cap. You get that.
Daily on silver as it gets worked lower with little significance.
GDX becoming the proverbial deer in the headlights as it is bamboozled with Bankster bullshit.
US Dollar continuing to edge down in a possible retest of its low.
Aussie gold remaining in the mix and well positioned as its lengthy consolidation runs its course.
A 5 year on aussie gold with the blue circle indicating where we were this time last year. We ain't doin too bad man.
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