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$1,391.7 gold futures

Yep, just look's like a charging bull.

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ourlady

4,283 Posts.

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26/06/21

09:32

Post #: 54086931
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Originally posted by slange: ↑

A 2 minute chart of yesterdays action tells the usual story with the dollar bottoming the same time as the gold attack is unleashed. The only difference being that gold wasn't pressured into the broader market close.

So we have the same consolidated positions in gold and the indices waiting for the final end of the month smash to liquidate any residual unallocated holders.
There will be almost (if any at all) zero physical metal being sold into this orchestrated paper smash and to the contrary the chances of physical being sought and bought by knowledgeable investors is no doubt high.
So for the moment the "temporary" low remains in place and next week looks to be D day week.

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Yep, just look's like a charging bull.
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0 Great analysis

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