It just occurred to me that this was the highest volume day in the history. I am warming to the idea that there are a lot of trapped short term bulls in the register now desperately trying to get out?
The bidding has completely disappeared either with their orders filled or they are waiting for the sellers to get more desperate. Seller volume is really building up. Nothing has changed fundamentally and in fact it has been good news. With the state of the gold price rally or bounce off the support rapidly running out of puff we may see more sellers taking whatever bids available. Hang on gold bugs and LT holders. I wish I did not load up earlier so I am full and now just waiting for some kind of traction in gold price and maybe a further fall in the Aussie. Seems a long list to get the stars aligned and being tail end of FY a few months yet!
ORS Price at posting:
8.6¢ Sentiment: LT Buy Disclosure: Held
