accumulation, page-15

NOTICE HOW THE ORDERS NEVER WENT ANYWHERE NEAR BEING COMPLETED

The orders were placed near end of days trading ie last hour and just as was struggling to rise through 2.72. The size of the orders in the bid queue meant a mamonth sell order side at 2.73 which would scare any buyers away after a downtrend day.

It therefore kept orders coming throught at 2.72 for last hour. Putting those sell orders clearly was going to achieve nothing but keep price to 2.73 and below with no chance of those orders being sold.

Makes sense,,,yesterday it run so attracts the buyers today then with down day you have buyers buying on downtrend looking to exit at end of the day. So perfect way to accumulate at low prices as if this didn't happen it was trending up for last hour along with XGD.

Anyway no conspiracy theories for me but happy based on what I have seen this arvo to hold a little LGL as an investment. Until yesterday I was only trading it.

Only small investment still as risks with gold price falling below 9.60