For those people who are not familiar with price charts, the tails mark the days high and low price (this chart is set to 1 day per bar) and the solid bar marks the open and close price.
If the bar is red, it opened high and closed low and vice versa.
What I noticed about today's chart is that you can see that there is a large sell order sitting at $1876. As the price approached this point recently (A and B) you can see there was resistance to the price going higher, but when it actually breached $1876 the price plummeted.
This indicates that there is a large sell order on the system at that price which takes out all the buyers and then the price drops.
I don't know why, but after noticing this I decided to see what happened in the US in 1876, and I came up with this link..
After analysis I made today I can safely say markets are manipulated at least since Great depression. We are closing cycle which was started back then right now. It´s crazy.
For those people who are not familiar with price charts, the tails mark the days high and low price (this chart is set to 1 day per bar) and the solid bar marks the open and close price.
If the bar is red, it opened high and closed low and vice versa.
What I noticed about today's chart is that you can see that there is a large sell order sitting at $1876. As the price approached this point recently (A and B) you can see there was resistance to the price going higher, but when it actually breached $1876 the price plummeted.
This indicates that there is a large sell order on the system at that price which takes out all the buyers and then the price drops.
I don't know why, but after noticing this I decided to see what happened in the US in 1876, and I came up with this link..
https://www.nationalgeographic.com/history/article/1876-election-most-divisive-united-states-history-how-congress-responded
Discussing election fraud.
Probably just a (real) co-incidence, but what if someone has put that sell order there as a message to anyone trying to drive the price higher?
Gold has strongly shown such patterns of obvious manipulation for at least 20 years... GATA has shown and bemoaned it for at least this long
After analysis I made today I can safely say markets are manipulated at least since Great depression. We are closing cycle which was started back then right now. It´s crazy.