ziato, i think she is definitley a LT buy, short term trading has been very harsh to the downside when you consider that gold was about 960ish last fortnight when we were rising up to 37.....Its been relentless since last Thursday so will just have to see if the heavy selling stops tomorrow........
Short positions are large but it appears someone big is selling and the fall has just been accelerated..
I hope it ends soon.....interesting technical views on some of the eairler threads..
NCM Price at posting:
$31.29 Sentiment: None Disclosure: Not Held