Bingy i dont use candles but looking at the chart the last 3 bars are interestingto me. it could be,
1. Increasing price on lessening volume, thats bad right or heading for no demand. Thats what i think it is.
2. It could be accumulation and a little test with the last bar. Low volume testing back into $1800. But i dont think its this as there was to much selling on the 9th. i cant see the smart money selling out on the 9th and re accumulating at higher prices?? i believe were starting seeing distribution.
There is so much good news that gold will go higher its perfect for them to sell into it.
