Originally posted by MoneyMetals.com here: https://www.moneymetals.com/news/2024/04/15/analysis-gold-market-price-action-and-whats-next-003122
<p><img src='https://www.moneymetals.com/uploads/content/analysis-gold-market-price-action-and-whats-next-social.jpg'/></p>The turnaround in gold on Friday was really dramatic; brought out the old explanation about “the powers that be” cratering it by burying it with paper shorts. However, as we will see there may be a simpler explanation.
<p><img src='https://www.moneymetals.com/uploads/content/analysis-gold-market-price-action-and-whats-next-social.jpg'/></p>The turnaround in gold on Friday was really dramatic; brought out the old explanation about “the powers that be” cratering it by burying it with paper shorts. However, as we will see there may be a simpler explanation.