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Gold intraday pattern

This is a discussion on Gold intraday pattern within the Metals forums, part of the Commodities category; Chart /// "The price tends to decrease at the time of the London afternoon fixing. The minor lows near the ...

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Old Oct 30, 2006, 5:25am   #1
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Gold intraday pattern
Chart /// "The price tends to decrease at the time of the London afternoon fixing. The minor lows near the morning fixing as well as the open and close in New York are all worth noting. Also conspicuous is that during American market hours the price generally trends sideways, in contrast to the rest of the time when it is moving upwards."
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Thanks! The post above is recommended by: Jack o'Clubs , The Baptist
Old Oct 30, 2006, 4:17pm   #2
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US Dumping contents of Fort Knox?
Interesting post SAFA Boytjie.

I wonder if there is some yankee off loading, couldn't have called the bottom as well as Gordon Brown on Britains reserves.
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Old Oct 31, 2006, 6:09pm   #3
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The Gold Surge Protection Team (GSPT - my nickname) were hard at work on several pullbacks pre 4th Oct lows - with pullbacks being quite violent. Given the so called clandestine campaign how did it ever get to 700+ ? Did they get that wrong or were they complicit ?
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