Gold and silver came under attack this morning at 3:00 when the bullion bankers dumped 13,000 gold contracts. Fortunately we had tightened up stops just a few hours ahead of this. The one minute chart below shows how this looked while you were sleeping. Manipulation in the gold market just goes with the territory. This does not change our plan. It just means that the drop into a DCL is happening now and we will have an opportunity soon to take re-ownership at a lower price.
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This PageThe Speculation page is used for educational purposes and to talk about our opinion on trades and what is going on in the market. All trade recommendations are made in "The Pit". This is also a blog page where you can ask questions, post your thoughts, or ask for help. Be sure to use an anonymous name. If you have any questions feel free to reach out to us via email. Archives
January 2021
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