The lower black uptrend line ignores the low
at 7096 because drawing the line through that
point would tilt the uptrend line down much too
severely. However, the RED uptrend line includes
that point and is also valid as gold 'could' drop to it.
I am of the opinion that gold is under pressure from
a concerted plan by the 'manipulators' to drive it WAAAAY
down so they can profit from the short AND accumulate
all the gold they can before they allow gold to skyrocket
to where it 'should' be given the flood of paper money
in which it is traded which is becoming worth less and less
as more of it is created and pumped into circulation
ultimately causing a hyper inflation the world has never
seen before.
