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NEW YORK (TheStreet) —
The gold price didn't do a whole heck of a lot until minutes before 10:30 a.m. BST in London on their Tuesday morning—the London a.m. gold fix—and as the last chart in yesterday's edition of The Wrap indicated, the HFT boyz showed up with a vengeance once the 'fix' was in. They set a new low for this move down in the process—and that came at the noon London silver fix—and the subsequent rally to a few dollars above unchanged got dealt with in the usual manner at the London p.m. gold fix. By 12:30 p.m. EDT, the gold price was back down near its low of the day—and wasn't allowed to do much after that.
The low and high were reported by the crooks over at the CME Group as $1,204.30 and $1,220.70 in the December contract.
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