The cartel's firm cap of gold at $1750 remains humorously obvious, as gold has been driven off of $1750 4 times this morning. You can clearly see at least 11 occurrences of cartel capping at $1750 just since Tuesday! Clearly $1750 gold is of HUGE significance to the cartel, as a strong move through this level will send gold to challenge last August's all-time nominal high of $1910.
Today's capping action:
![Live New York Gold Chart [Kitco Inc.]](http://www.kitco.com/images/live/nygold.gif)
And the 11 occurrences since Tuesday: