resistance & support levels, page-13

Mate,

Traders are too "scared" today to hold position as FED start meeting tonight and the German Court will decide.

One gold analyst again gives warning that Gold could drop alot if FED disappointed market......hmmmm...nothing new
lots of people seem to believe Fed will disappoint market.

Conservative players sell out and wait for clarity.

I believe German cant afford to distant itself from the rest of Europe and the court will have to approve it anf FED will have to say or put some kind of stimulus.

For weeks Fed has indicated that they will act....and the last job number was poor so I put my money and stay long in the belief that Fed and German court will please market.

There will be 2 outcomes....more profit or loss.
Today and yesterday NCM was really got sold down on strength......people are getting out.

Simple.

Cheers,