The FOMC minutes at 2 PM NY time set off a sell signal in gold of about 2.25%, and to a lesser extent stocks .90% and silver which was down 1.44%.
All three recovered somewhat into the close.
These are highly manipulated markets, so tread carefully. It is better for most non-professionals to be out of them, and to have their wealth stored in honest assets as far away from the Anglo-American banks as is possible.
Gold seems to be in a rather large symmetrical triangle which is normally a continuation pattern, in this case for the bull market. If it *works* the minimum measuring objective is somewhere north of $2100.
Fed Actions Speak Louder Than Words - Axel Merk
