In September 2023, gold prices had a sell-off for the whole month, reaching daily support levels while the RSI was oversold below average. Interestingly, during this period, the announcement of the conflict involving Israel coincided with gold's approach to a crucial support area, prompting speculation about foreknowledge or market pricing in of this event.
This scenario recalls a fictional scene from a movie where terrorists hijack an airplane, disguising it as a system failure to profit from short-selling airline stocks. While fictional, it highlights the potential manipulation of events for financial gain. This raises broader questions about the influence of powerful entities, often termed the "elite," in shaping global events to their advantage.
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