Gold prices set for weekly decline ahead of US inflation data
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GOLD prices edged lower on Friday (Apr 26) and were set for a weekly
decline as investor attention turned to key US inflation data for cues on
the Federal ...
32 minutes ago
CW,
ReplyDeleteI guess some institutional funds are taking some money off the table ;)
Let's make a wild guess who is taking the opposite side of their sell downs?
We may be seeing H&S?
ReplyDeleteCW,
ReplyDeleteThe best thing about reading voodoo charts is that we see what we want to see ;)
All I see is higher highs and higher lows.
But if the price breaks below $19.30, all bets are off!
By the way, all I see is a "ladle".
LOL!
Vatsa,
ReplyDeleteNothing wrong at all as liquidity is always welcomed as it lowers the cost of transactions ;)
If there are no ones to take the opposite side of the trade, we would have a flash crash!