FMG Technical Analysis, page-106

Opened lower 5.81 and closed sharply lower at 5.81, the close was very damaging on TA
1c red lower bar 6c wick 3c tail looks like a hammer candle with the daily rise smashed down badly & sold into yet again.
Volume way higher at 30M also meaning a real fight out today on the direction

but guess what, yes the shorts won again as the rises were smashed up badly all day. Those buyers were swamped with sellers again and again especially those in from $3 and $5.50 as they take profits here.
US$ rebounding strength is killing metals right now. May take a few months to restart the US$ weakening trend due to terrible US inflation numbers 1.7% so longterm US$ must drop but not this week.

Anyone care to bet again, $5.50 or $6.50, which one will hit first from here?
Not so confident now and who is eating humble pie?