To: Chad_the_Impaler
Gold is generally, hammered down the days before an FOMC Meeting where a rate cut or no increase occurs. That way, it rises back to the area it was before the “paper sell down” of gold. The FED’s do not want Gold to tell a story.
To: theyreallthesame
Gold is generally, hammered down the days before an FOMC Meeting where a rate cut or no increase occurs.
I'll have to look into that. Any idea who is doing the selling?
If true, this would present a trading opportunity.
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