Thursday, April 9, 2009

224 BUYERS BID TO BUY GOLD AT 879, VERY STRONG


207 contracts unfilled. maybe no one wants to
sell their gold?
Gold is inching up and away from 879 where
all those contracts are bid, so the traders will
have to adjust their bids upwards to get filled,
or gold will have to come back down to fill them
at 879. If you were a trader who was long,
and knew all those bids were sitting there, would
you sell out to them, or hang on for the ride back up?