Z it was a brutal fight today.....and I think we are winning,,,,,many who stood in down below 30 were probably taking a few profits ready for tomorrows fight....I know we were at 31.50 the other week but the fight is at 30.30, will gold rise or will it fall....personally I think there are now huge bets with more coming in to buy and cover today......
FYI total trades between 30.25 and 30.32 was 3410 for a total of approx 39,500,000,,,,thats big money on the bifd,,it was a solid performance, and felt like some traders began covering but given the trade action it appears there is a long way to go.....hopefully gold will break out, still think 30.80 is possible if gold pops over 930
NCM Price at posting:
$30.15 Sentiment: ST Buy Disclosure: Held