Gold Makes A Statement Today
Ranges in pretty much everything you could possibly trade today were muted and the massive $8 highlight reel in gold can only be viewed in the context of “collective fear of the 800 lb. gorilla”. Who wants to get caught on a Friday with the manipulators manned and ready? Apparently nobody.
Any other rational explanation of gold trading today would ultimately lead to insanity, and since it’s Friday, I really don’t want to go there. Now, if it was a Monday …….. ahhhh, never mind.
In the event you actually have a life, and like me desire to giggle a little before you completely forget gold even exists over the weekend, I bring some Friday chuckles before it’s time to say “adios”.
Hopefully one of these got you to crack a smile and remind you that there is more to life than trading stupid gold on a stupid Friday with a stupid range.
“That was a stupid rant.”
Have a good weekend everyone.
Updated daily cycle charts over on the PAMM page at the end of the day. Just follow the link: