Volume is light with pulses of moderate volume
not consistent at all. Gold is making what appear
to be strong moves up, only to have the rug pulled
out from under the move as soon as it reaches some
important point like a fib retrace point or a previous top
or a trend line.
A fine market to get screwed in if you buy on momentum
moves and get in too high only to have the market pull back
on you.
You HAVE TO buy the low and when it runs up, IMMEDIATELY
SELL to capture your profit before it disappears.
DO NOT wait an extra second for gold to move higher when
it slows down its up move, just hit the sell button and be happy
with what ever you make, then wait for the next opportunity.
