I can't see the selling pressure stopping until we get some good news, which who know when....
I hope the sellers are enjoying their losses.
I am holding and will top up if we see 1.4 or 1.3
We are sitting on all time low at 1.8
It could mean we will spring up from the double bottom effect but this chart look like a drowning duck.
IMO, with no news, those props will move a couple of pips down and will draw out more losers.
As I said, people just love to sell at losses.
Such a shame as I feel we are sitting on a mountain of gold.
I can't see the selling pressure stopping until we get some good...
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