GOLD 0.51% $1,391.7 gold futures

gold, page-98612

  1. 10,779 Posts.
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    A 5 minute of yesterdays action indicating an orchestrated cap and attack operation launched one hour before the broader markets opened which is the usual time frame for things to begin. This op was fairly sustained as it didn't conclude until an hour and a half before market closure indicating keenness of "our friends"
    https://hotcopper.com.au/data/attachments/3418/3418445-cb1c668eac814fb3ba13a310401b4b29.jpg

    The daily below shows the possibility of the trendline back test continuing. Seems unlikely to me but we'll find out next week.
    https://hotcopper.com.au/data/attachments/3418/3418455-505f4f62e6f8f975fab442687c59b64a.jpg

    COT report indicating commercials covered 7000 short contracts which in the big scheme of things is meaningless as the short structure is massively out of whack.
    Silver shorts continue to cover with another 4,000 covered this week and is fairly neutralish in contrast to the gold shorts.
    We are now on the cusp of entering August which is when the eviction moratorium ends. The Biden administration has asked congress to extend it and if we do indeed see the end of it then these markets will more than likely get the first reality check in quite a while.
    Next week, well its just another week in this mad and corrupt dystopian world of ours.
    Seek the truth. It will help. It might make you angry though.




 
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