A 5 minute on the game with a very similar session as the day before but a bit different in the time of the swings and gold being worked lower after the broader market closed. This normally allows a bit of wiggle room for a bounce on the next open which duly arrived only to be whacked backdown again. Pure Algo Psyops.
Powel was on stage again talking gibberish about wringing in inflation and whenever these objects are on stage, gold gets pressured.
GDX getting whacked courtesy of these clowns and their gibberish.
GDXJ moving down to its lowest close since April2020. You get that with massive money printing and hugely excessive inflation??????
The GDXJ is the smaller of the gold indices and if it underperforms its bigger siblings it means that speculation is not the name of the game as safety is sought in bigger producers even if they themselves are under pressure..
Gold/silver ratio at 87 tells the liquidity story.
The aussie looking like its on its way to test the lows again as the short squeeze continues to struggle even with the help of the fraudsters.
US dollar with a tightening range as inside and outside days continue.
v
The Dow in the mix with the MACD possibly indicating a turn up.
We shall see.
