9 Aug 2021 Price is smashed down before the market even opens before Asian Session. Yes this chart is manipulated. Expect the Wednesday CPI Number to be high. This fall is to absorb the expected increase.

The Fed hold rates steady AGAIN and Gold launches skyward

Jul 28 Fed Interest rate decision is again to hold at .25% despite inflation storm clouds. On the flip side housing has falling prices so imagine what impact rising rates would have for that market. Stuck between a rock and hard place and in the next few months the bond market might take control and force rates higher which will create fear and worry in the broader economy and with investors. And we all know Gold loves fear and good fundamentals to increase in value. GDP release tonight so hold on to your cowboy hat.