A 2 minute of yesterdays activity shows the same type of game but with much more volatility than the heavily orchestrated grind down that was witnessed on Friday. The price range remains in the mix.
A daily on the GDX below indicates no heavy handed interference as an inside day with a lower close on weak volume is signaled.
A chart of the $Aud showing conflicting signals with the 200 day sloping down and the 50 day attempting to turn higher underneath it.
One would think that a move into commodities/tangibles would be supportive of a higher $AUD in spite of the lunatics running the asylum.
We shall see.
Not much else happening and today would appear to be weakish for golds by the look of it as we wait for the next move.
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A 2 minute of yesterdays activity shows the same type of game...
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