As the European markets closed, about an hour before the Fed admitted it was losing control, it seems someone decided it was a fantastic time to force sell over $1 billion notional of paper gold into the futures market to send the precious metal back below the key $1300 level...

<center>![kf669t88wt.jpg](https://img.esteem.ws/kf669t88wt.jpg)</center>

It was short lived. Once the fed admitted what the market already knew, Gold shot back over $1,310 and currently sits at $1,314.  

<center>![xj5xecs63f.png](https://img.esteem.ws/xj5xecs63f.png)</center>



@matthewwarn

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<center>![2VZXybTSZJq1AreaDn1D7Jp7ZEvgLC9TvJctofX1ChMgSZjyDbKmTr8HmhDNqcCxXeCW4oXubEcS3qtqNDF28wHpSs6gVv1yP5jqCaAx8itg3KBRyCdTPWiyeR929ZQGGEZ8mWsstdhvAAxEUTabVPmpMMx.jpeg](https://cdn.steemitimages.com/DQmWn2uErnMFNpgrUUxosdvKSXC1kaPF9LNfYsQopXxktDA/2VZXybTSZJq1AreaDn1D7Jp7ZEvgLC9TvJctofX1ChMgSZjyDbKmTr8HmhDNqcCxXeCW4oXubEcS3qtqNDF28wHpSs6gVv1yP5jqCaAx8itg3KBRyCdTPWiyeR929ZQGGEZ8mWsstdhvAAxEUTabVPmpMMx.jpeg)</center>