GOLD 0.51% $1,391.7 gold futures

"Buyers are absorbing selling"? LOL Sorry, but the price action...

  1. 7,423 Posts.
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    "Buyers are absorbing selling"? LOL

    Sorry, but the price action doesn't say that. If the buyers were really absorbing the selling, the price of gold would be constant.

    The truth is that the buyers are backing away for the selling. That is why the price is falling!
 
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