gold, page-10864

Speculation is foolish (but what can a poor boy do?)
"But they can do what they want....perhaps they are sucking in bulls, and waiting for the FOMC Press Release...if it's bad for gold, they sell at the days high, with early foolish US Wednesday bulls left holding the bag (and maybe another bear stop sweep for good measure)"
Seems they took out the swing hi (bear stops) of $1,328 from 15 Sept, 8:00am NY time by $1 and change, and now smacking it down?
With the bulls left holding the bag?
Then they'll be swept up too at the bottom.....who the hell knows...this is going to be one crazy day in NY, and night for those who dare to stay up very late in Oz.
My gut feeling is (always) no rate hike...and a dovish to neutral tone from FOMC.....

XAUUSD - 15 mins


Round and round, in The Circle Game...and it is a game....a very high stakes game.....got to know the rules...