02 March 2015

Nine Out of Ten Non-Regulators MIght See a Trend In Intraday Precious Metal Trading

'What is truth?' said jesting Pilate, and would not stay for the answer.

Francis Bacon

Here are the intra-day averages for the price of gold and silver for February.
Can you detect any pattern intraday? 
There does seem to be a pronounced pattern associated with the geographic location of the primary trading market's time zone.
As the dissembling Winnie the Pooh said to the angry nest of bees, 'I'm only a little black rain cloud,  pay no attention to me.'
Tut tut, looks like rain.
Storms gathering on the horizon.  Better get more buckets for the bucket shop.

Charts courtesy of Nick Laird at Sharelynx.com.