maybe another commodities fund liquidating ) or just a build up of stops

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could be a good time to take advantage of the fact that 85 and 88 single prints have been covered and in the process a new one created at 95 (correction: at 97) need to see some consolidation first though

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quite thin trading going on today.... london still on easter break )

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calm down there ))) market not moving, nobody is getting anybody's money today, except the brokers who get their swaps

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oooh I forgot that US is open today....will gold market be opened at any time? seems like it hasnt moved since yesterdays US close

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buyers have been showing up just above 95...will they manage to hold or even raise the price or sellers are just too strong today? Need MOAR bad news from Europe ))

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aaAAA Fook MEE, right to my stop it goes!

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hmmm, dont like this weak reaction to the news.

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finally a small spike in volume at 1599.5

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im just wondering now whether they will try to spike below 1600 to clear stops

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took a long at 1601.5 stop at 1596.... but to be honest im not seeing as many buyers as i hoped. lowered stop by 1 to 95 and that is the line in the sand.

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for now there is slightly more selling preasure but it is likely that buyers will become more active closer to 1600.

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and we are back into the boring state....I liked the upmove today though, good volumes usually means it will be sustained.

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1612/13 could be on the cards before the end of the day

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I'm always very skeptical adding longs at the top and shorts at the bottom but if the price establishes some kind of a range you can add with stop on the other side of that range...

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I'll try to long this if it gets to 1602 with stop at 98..

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As you can see from green candles and spikes in volumes buyers were steaming through the resistance however those candles were followed by small range candles with fairly big volumes also telling me that there were big'ish orders sitting there to ...

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would be nice to see $50-60 dollar rally one of those days ))

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1600 is daily pivot, round number and where sellers sit, kind of a tripple whammy, if we can clear that , should open doors to higher levels

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seller are sitting around 1600 by the looks of it.

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