Time to sell Gold during quick rise…..
Operators made GOLD to appear sluggish in the range of $ 880-860.Then they broke the low and formed $ 848 as low and traders developed bearish feel and started shorting during rise around 873 and 883.Then the big players rised above $ 905 now traders are induced to take long positions in Gold.Operators intend to slide Gold during US session and trap such higher level buyers.Lower level selling and higher level buyings are done by emotional traders who lose money either way.A sane trader will buy during quick drop and sell during quick rise to make profit from the market along with the operators.So try to decide whether you wish to be emotional trader who believe every market rumor and attributes or a smart trader who get the feel of the market and trade correctly without following any atributes.
Gold is expected to slide unassumingly after the week beginning upward stop hunt moves.
Regards
Dr.Sivaraman
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