We must be nearing the end of this year's consolidation phase as I'm getting close to my wit's end in terms of managing my way through the day. After weeks of complete HFT algo domination and linkage to the POSX, suddenly those machines have seemingly been switched off and now Comex gold simply goes down regardless.
For today, prices had been rallying until the Comex opened and then they were dumped once again into the London PM Fix at 9:00 am on the chart below:...
