Gold game volatility being increasingly created by the look of it in an attempt to scare off holders/investors. The more volatile it gets the more desperate these guys become.
$US moves past its previous peak to a high not seen since late November and is into reasonably strong resistance and is very close to overbought while it trends with a slight negative divergence as speculation continues to be worked out of the markets.
Long ended yields consolidate their retrace as the technicals realign from a heavily overbought state on the weekly to just slightly overbought with the daily well out of overbought.
Daily techs on gold have stochs well out of overbought while the weekly sits around the oversold level with the rsi trending back down in the lower end of the spectrum. Daily MACD remains oversold albeit in much less oversold status than earlier in the month while weekly MACD is massively oversold.
Silver is where the real target of the fraudsters has been centered recently in an attempt to discredit the "recent interest" in it.
The overnight action in silver was totally predictable as the fraudsters were intent on taking out the low on March 5th before reversing higher in rinse set up.
Daily techs on silver have stochs in oversold territory with the rsi weak while the weekly have stochs weak with the rsi neutral. Daily MACD is oversold while the weekly is trending lower but elevated.
Mostly a good week for aussie golds which for the most part can be put down the the weaker $AUD
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