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- Joined Jul 2011 | Status: I'll be offline for a while | 8,577 Posts
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
8.1%
Disliked{quote} dont be arrogant. Explain what you mean. Why buyers should buy now and sellers not selling?Ignored
Disliked{quote} My friend, gold buying is due to tariffs against USD and news around the world, this indicates they are more willing to take higher prices. They're not selling? I dont know, maybe there's no huge demand right now for them to sell. And again, if you think they're gonna sell at 2500 - 2400 with this current price, that's not reasonable for sellers. You can see that the value of gold is increasing. That's like you are lowballing a product you wanna buy that still has significance. Hope you understand again my friend.Ignored
Disliked{quote} i understand you, but i dont say that we should sell at 2500. i mean that we are overbought atm and could retrace back to 2400-2500 for a healthy correction to go further up.Ignored