Had noticed that today's action was very unfamiliar given that tomorrow is OE. No fish lines just trading like a real market. Then I read this by Mr. Sinclair (I guess great minds think alike!!!)
My Dear Friends,
The action of gold is quite interesting. It is threatening to the shorts.
Forget the reasons given by experts. If gold was trading regularly as per three weeks ago it should have sold off $20 to $40 this morning.
This has to attract the attention of the shorts.
A follow through of this new relationship into the Comex morning US session tomorrow will be telling.
Regards,
Jim
Later