gold has jumped us$82.00!!, page-57

"The gold market threw a proper scare into market participants in overnight trading in Asia on Monday. As can be seen in the below chart, trading volume in gold futures was unusually large for a GLOBEX overnight session. Many speculative long positions were cleared out in the process, and the market recovered smartly from its overnight lows, leaving an inverted hammer candle on the daily chart in its wake.

A close-up of the Sunday-Monday overnight session in the December gold futures contract. Note the impressive volume spike at and around the low point - this is rarely seen in GLOBEX overnight trading:"

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