pog, page-22

Loki
There are a few on sidelines ATM
Maybe more than those playing

I don't need a long winded statement like Jowahsen posted
To know that the POG is cyclical

The thing is that the POG is on the down cycle

To break the downtrend a bottom is needed
The $1190 came too quick
So there was a bounce
Then down and a bounce
Now heading down again

My view is Until the $1190 has been broken
The won't be a sustained push up
There may be a bounce of sorts
But we really need a bottom

Of course there may be an opportunity for a trade
Here and there
But averaging down until the bottom is in sight
is not the play for me

Imoo