Gold moves up on about 200 contracts in over
FIVE minutes, not exactly a rush to buy. More
than likely just some market orders than hit
a thin range of sell stops.
Any you saw how much effect that had earlier
today when gold went right through a similar
junction and dropped lower. This time it could
take it ALL back as it just loves to do.
This whole sell off has been on light volume.
And gold just jumped up about $2 on about 21 contracts
after retracing just past the 61.8% retrace point at 88160
and is still moving up