This Is What Gold Would Look Like If We Could Kill The Gold Cartel

No sooner did I post this than gold was hit with a 25,000 contract attack. The position limit is supposed to be 3000. I did warn to be cautious this week ahead of OEX and the rate hike next week.

That being said the miners have completed a weekly swing and even though they are going to paint the charts for OEX I do think the miners have bottomed.

(Click on image to enlarge)

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