OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

buygold, 14:50 re getting crushed in the last hour…

Posted by treefrog @ 16:12 on February 8, 2019  

quite often there is a downturn in the last hour.  i believe this is at least partly due to day traders “getting off the bus.”

day traders don’t like to hold positions overnight, and especially over the weekend.  they tend to unload late in the day, and this skews the ratio of buy and sell orders in the last hour – particularly on fridays.  there are, of course always other factors, but this one is fairly consistent.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.