Dislikedsome trader sold 64 mt of gold today on spot market, causing this sell off. However, the tone still remaind bearish, gold was booted from recent highs and failed to keep above 1325. Trading at 1300, however daily losses extended as far as 1286. Once 1270-75 is taken out, further move down towards 1190-1200 is expected. This is also supported by weak price action on Platinum, currentry trading @ 1438, however with CNY news overnights, could extend losses to 1415-20 area initially, if this won't hold the price, Platinum can crack more downside and...Ignored
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Shit Happens
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Shit Happens
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A word to the wise ain't necessary - it's the stupid ones that need advice
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A word to the wise ain't necessary - it's the stupid ones that need advice
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The good thing with the future is that it is progressively approaching...
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The good thing with the future is that it is progressively approaching...
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