The volume is being absorbed and lower and lower prices. That means there are longs in the market who have a lot to sell, and they are not finessing the price.
You are assuming that the price action is being driven by short selling, and you have convinced yourself that there is a shortage of gold. I think that you need to reconsider those assumptions.
- Forums
- Commodities
- The gold plunge continues
The volume is being absorbed and lower and lower prices. That...
-
- There are more pages in this discussion • 918 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)