IKN: Gold market action: VERY strange

4/29/16

Gold market action: VERY strange

Reader 'AK' sends in these two charts of the gold price this morning and this cover note:

"Dont know what just broke - but something did. I'm an avid chart watcher (read - addict). I've never seen anything like this before."

And I agree, this is strange as strange can be. This chart is gold trading the US Dollars today:

This chart is gold in Euros today:

Explanations, anyone?

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4/29/16

Gold market action: VERY strange

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