There have now been five attempts at new all-time highs in Comex gold above $2520...and there have now been five defenses of that level by our old adversaries. The level is certain to fall one day but, once again, that day is not today.
It's not that our friends haven't taken shots at $2520. They certainly have. But The Forces of Darkness have stood at the ready with orders, both spoof and real, designed to overwhelm the bids and drive price backward.
Today's price action centered around the latest CPI report so let's start there. The actual data was just barely and...
