Why would you hold it down? I don't necessarily believe it is being held down but if i did the assumption would be to keep it cheap enough to buy more. Or alternatively to trade on the range that i was setting. E.g. for a while when it was being pulled down during the day only to run up by a cent every afternoon. Can make decent money with enough volume.
Additionally as i mentioned earlier in the thread. No one has really run hard today. NCM is up 4.6%. exactly the same amount we are currently up. Gold needs to hold or exceed this price level for longer than just a couple of days for people to feel confident buying in. There is clearly someone buying some decent volume as evidenced by the level wipe at 10:45 this morning.
Patience is the ability to idle your motor when you feel like stripping your gears.
Scream.
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