So here we have a 20 minute chart over the last 3 gold "trading" sessions. Gold on Friday bounced higher and considering the coming weeks CPI report then it looked like the possibility of gold being worked lower on Monday was relatively high, which turned out to be the case. So yesterday we had a bounce higher creating an inside day and well positioned either way for the coming main event of the week being the CPI report.
A 5 minute on the overnight action with the smash coming 10 minutes before the PPI report was announced with the low occurring on the announcement. This is highly unusual as the Banksters never "front run" their announcements. Not till now anyway.
Below is a 10 year yield chart and if inflation was an issue then one would expect the yield to charge higher and when we have a look at the action initially it began to but was beaten back down to close lower by the liquidity pumpers as rising above 4.5% is not in the Banksters interest.
A 5 day on the dollar where it has been worked lower with an overnight bounce on the PPI getting smacked back down.
The Dow as it is ready along with the rest of the broader game to explode to new highs.
So the Banksters have set the stage for tonight. The only question is what act are they going to pump out??? We shall see.
Everything else up to now appears to be just "noise".
