RSG 2.80% 73.5¢ resolute mining limited

Yeah,ordinarily this would be a reasonably bullish signal as the...

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  1. 10,704 Posts.
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    Yeah,ordinarily this would be a reasonably bullish signal as the reversal to the upside has encompassed 5 full days.
    Seems to be just another rejection of a fairly decent attack.
    Any sustained attack here has to incorporate a USD/JPY reversal higher.
    The COT report indicated that there are commercial buyers in here,and more than last week I think.
    Normally the commercial longs liquidate and pile on the shorts at this stage.
    Could be a change in the wind.
 
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