Tuesday, June 9, 2009

GOLD RISES ON VERY LIGHT VOLUME


A pull back on only 75 contracts is enough to distort the charts
for those who don't follow VOLUME on all these moves.
Afternoon trading is done on much lower volume that during the
Crimex session. Mostly single digit volume per minute for most
of the afternoon.



Gold moves up to the previous high at 9578 and turns back

The strength of gold in fighting back through this massive

manipulation is impressive.

Where do you think gold would be if there wasn't any manipulation?