It's always interesting to see if the post-FOMC price trend can continue through the overnight and into the following Thursday...and today, it has. This now sets us up for a compelling Friday and weekly close. We'll discuss that today but there are other items to cover, as well.
Let's start with this current 5-minute chart of CDG. Check how price was stable and fine...until...the Comex opened and then it was immediately worked/slammed lower. However, be sure to note how quickly that dip was bought. This is a very positive sign. It's not as simple as this but think of it this way...