DislikedGU:
This has set up repeatedly, and failed. I think the failures are not due to lack of support for lower prices, but rather it is due to extreme greed for profit when PA is finally turned loose to seek lower prices! The PPMs are sandbagging over, and over, and over, and over. As long as they can induce other traders to go long and provide the liquidity necessary for them (the PPMs) to add shorts, they'll hold it up, support the price.
Eventually, however, this is going to suddenly and dramatically dive....to lock out the longs.
I keep thinking...Ignored
4:30am GBP PPI Input m/m
http://www.forexfactory.com/images/m...etail_star.gif
1.3% 3.4%
http://www.forexfactory.com/images/misc/viewchart.gif 4:30am GBP PPI Output m/m
http://www.forexfactory.com/images/m...etail_star.gif
0.4% 0.5%
http://www.forexfactory.com/images/misc/viewchart.gif
SonY, Gold Is Every Where Gold, but Human Not Gold..