http://news.goldseek.../1422649983.php
Hmmmm. Large and Small Specs net long 47% of Open Interest versus 41% prior week. Suggests a gap fill to approx. 1240. ?
Gold Cot
Started by
tomterrific14
, Jan 30 2015 04:12 PM
2 replies to this topic
#2
SilentOne
-
- Traders-Talk User
- 3,452 posts
Member
Posted 30 January 2015 - 05:01 PM
http://news.goldseek.../1422649983.php
Hmmmm. Large and Small Specs net long 47% of Open Interest versus 41% prior week. Suggests a gap fill to approx. 1240. ?
For whatever reason, I think it will be more serious than 1240 (likely first stop as I have key support at 1234 based on volume). That is unless positions are covered quickly, which seems unlikely.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
dougie
-
- Traders-Talk User
- 9,068 posts
Member
Posted 31 January 2015 - 09:20 PM
1240 sounds about right before 1350
