GOLD 0.51% $1,391.7 gold futures

"as thats what marketmakers generally do to flush out weak hands...

  1. 40,612 Posts.
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    "as thats what marketmakers generally do to flush out weak hands - drive prices to within 2% below the trendline"

    Is that what you have observed or a Funds management industry standard rule of thumb?


    Could you explain why you have drawn the lower red trend line.? I can mimic it on my chart but not certain why it is significant. Thanks.
 
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