GOLD 0.51% $1,391.7 gold futures

gold, page-83592

  1. 10,443 Posts.
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    Capping at $1950 remains in place but this is no where near the same thing as this BIS blitz that started on Friday and culminated with the low on Wednesday morning.
    The low looks like it is in but a consolidation around this area for the short run looks to be the case.
    COT report see's commercial shorts covering a net 14,500 or so contracts ( courtesy of the BIS) and they've got a long way to go.
    Seeing as the low was on Wednesday the chances of these fraudsters covering more is highly likely.Next weeks report will tell us.
    GC Futures at $1953.70 with the front month backward dated.indicating fraudster stress.
    US golds wandering aimlessly on the daily and consolidating their gains on the weekly.
    Gold/silver ratio beginning to settle down around the mid 70 level.
    Aussie dollar gold at a not too shabby $2711 and change
 
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