DislikedGood evening all! Forgive me for potentially changing topics or just butting in, but is it my imagination or is Gold all over the place today? Sorry, I just need some external clarity as it stung my ass hard today, and while I won't trade again today (due to losing a certain % therefore I stand back after 2% hit) I simply cannot get in rhythm with Gold, or much else for that matter!! Sorry, just venting...it helps!!Ignored
Right now gold is at a major support point, extended from 1812 down to 1804-03. If it breaks, it opens up another 5-600 pips underneath, and banks dont want to jump yet, they're accumulating orders without influencing, imho.
At some point, in my opinion, its gonna drop. There's no buying pressure atm, but yeah .. its misbehaving.
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