Loading ...The FILTH attack gold overnight when trading is thin…then. it slowly recovers by morning and goes on to have good day…last night they managed to drop gold to a 9 buck loss…but tonight gold tacked on 9 bucks in late day trading…it’s 3:14 am and gold’s only down $1.30-$10 off the high– at 1422….silver’s up 6 cent at 15.03–that’s 7 cents off the low…actually this pattern is bullish and what a gold bull should want to see…
Better this way, than coming in the morning with a $20 gain that gets whittled away all day…this keeps the longs nervous and cools off sentiment…of course none of this reasoning applies to stocks or the likes of a Bitcoin…they can keep going up for days, weeks and months on end with no discussion of RSIs or COTS…yeah, when the VIX gets real low, there’s some discussion…but the VIX can stay low for months and stocks just keep doing their thang..