I've been watching the 1 hour charts of Gold & Silver. Very interesting moves that happen quite consistently.
It just looks like a effort is made a certain points to drive the price of Gold/Silver below certain levels.
That does happen. Previously these downward drives work & kept the price suppressed.
Something has change. The drives down are now meet with a consistent push back up that exceeds the previous price, creating a new high.
I'm not sure how these markets function, but there does seem to be a change . Articles/people are saying that the " Players " have lost control of the pricing. I'm not sure what that means exactly, but a change does seem to have happened.
I'm ok with the change as it's bringing higher prices. Prices that may be are reflecting the true reality of market dynamics & the risks that are now becoming apparent.
TIME will reveal all.
It just looks like a effort is made a certain points to drive the price of Gold/Silver below certain levels.
That does happen. Previously these downward drives work & kept the price suppressed.
Something has change. The drives down are now meet with a consistent push back up that exceeds the previous price, creating a new high.
I'm not sure how these markets function, but there does seem to be a change . Articles/people are saying that the " Players " have lost control of the pricing. I'm not sure what that means exactly, but a change does seem to have happened.
I'm ok with the change as it's bringing higher prices. Prices that may be are reflecting the true reality of market dynamics & the risks that are now becoming apparent.
TIME will reveal all.