OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Gold Did Not Go Up, The Dollar Was Pushed Back Down

Posted by Mr.Copper @ 22:19 on April 29, 2016  

This chart shows the Dec 3rd first “NUDGE” down, or intervention by global central bankers to change the minds or mentality of bullish futures traders, playing the two year long strong dollar.

The “free market” ignored the 1st “hit” down and attempted to maintain the prior up-trend. You can see the 2nd “hit” early Feb. Again the “players” ignored that “hit” until finally in March they got the message.

That’s when the dollar bulls on COMEX finally gave up, and probably went short on the dollar.

Gold had an inverse up-side break-out the same day, Dec 3rd.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.