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$1,391.7 gold futures

Thanks guys, that make sense.

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TraderTan

405 Posts.

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28/11/20

01:11

Post #: 49204618
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Originally posted by zugszwang: ↑

Gary Wagner: “Black Friday” gold scandal that occurred a couple of years ago. Beginning on Friday in which the markets in New York are only open for half a day unscrupulous traders took advantage of the absence of the majority of traders creating light liquidity using a trick called spoofing. Spoofing is when one places a large buy order to drive prices higher and simultaneously cancels the order and places a large sell order in the market with the new exaggerated high.
Ho Hum Boring!...JPM at it again - no-one is ever punished individually

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Originally posted by ProPunter23Red: ↑

coordinated attack on gold by shorts, bulletin boards getting spammed with low content negative posts worldwide. Commex getting hit by algo selling on light volume, trying to trigger stops in US holiday period, I reckon they will cover today and we'll close 1788, 1-0 to the shorts today, just my imo

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Thanks guys, that make sense.
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0 Great analysis

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