Significant underlying interest here...I have watched a little...

Significant underlying interest here...

I have watched a little more closely today, mainly due to it's significant rise in the last few sessions and potential for a temporary retrace.

Doesn't look like it will happen though...well not to any great extent, in fact, there are very few apparently interested in selling now, in spite of the current record prices and attempted sell-off from the open.

A large buyer is obviously in the market, but only showing their hand (typically from off-screen buying) when the opportunity presents itself.

They are being very patient however, so if a few were to start selling, I am sure they will pull back their buy price a point or two.

It might be too early to discount the possibility of a decent re-trace, but clearly, it appears unlikely we will get a wholesale sell-off.

Cheers!