Robin Bhar
Robin Bhar
against buying rise
Against this background, speculative buying underpinned a rise in prices.
forcing grip investors market metals precious prices tight
Speculators and investors have the precious metals market in their tight grip and are just forcing prices higher.
absence current market movements possible price prone trading upside wide
However, the market may be prone to wide trading ranges and choppy price movements while current consolidation continues, with more liquidation possible in the absence of upside momentum.
fund main stocks
The main story is still fund money. Stocks are low.
buy consumers dips higher hoping market producers reluctant remains short wants
The market remains fund-driven. No one wants to go short while consumers buy in dips and producers are reluctant to sell, hoping for yet higher prices.