Housekeeping: We have 3 more posts to publish for the holiday weekend. Look for those tomorrow on: the Brics 2025 Plans for gold, Trump’s budget means a weaker USD, and more
China Bid Reasserts Control in Gold, Signals Shanghai Resilience
Two weeks ago an explanation was given as to who bought the dip in Gold as it cracked support and approached the 50 day moving average. That demand was seemingly by China’s insurers and at least one well-known US bank. That post below, was presented in both written and audio form.
Goldman Bought the Dip
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Housekeeping. For best results use the audio to follow along with the written portion. This trader is likely based in or has excellent flow information from Singapore and Shanghai
One week later and $200 higher the same presentation methodology will be used to describe if the China demand is sustainable and why.
